Real US dollar price at banks down to 21,300 dong

The interbank average forex rate announced by the State Bank of Vietnam (SBV) on October 31 remained unchanged from previous day, but the real US dollar price at banks as well as on the free market fell.
According to the local newswire VnExpress on October 31, the actual US dollar prices at some Hanoi-based banks dropped 100 dong from last weekend to trade at 21,280-21,300 dong (buying-selling prices).

Meanwhile, the US dollar selling price quoted on websites of commercial banks is still stable at the ceiling of 21,011 dong after the central bank announced to keep the forex rate stable at 20,803 dong/US dollar, remaining unchanged for the third consecutive day.

On the free market in Hanoi’s Ha Trung Street, the US dollar price stood at 21,380-21,450 dong, down 130 dong in buying price and 150 dong in selling price from last weekend.

At other shops in Cau Giay St, Nguyen Thai Hoc St, the US dollar buying price was at 21,350 dong and selling price at 21,450 dong, down 150 dong from last Friday. – Source: Vietbiz24.com

Tags: Vietnam banking industry, Vietnam finance, Vietnam financial

Posted by VBN on Nov 2 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry