Vietnam dong, gold and interbank rates – June 2

Here’s a snapshot of the Vietnamese dong, gold and interbank lending rates at 0237 GMT.

June 2 June 1 USD/VND mid-point 20,638 20,638

USD/VND interbank 20,500/20,600 20,520/20,620

USD/VND unofficial 20,540/20,570 20,550/20,600

Gold (mln dong per tael) 37.82/37.90 37.75/37.85

Interbank offered rates Overnight 13 13.5

1 Week 14.5-15.5 15-16

1 Month 16.5-17 17-18

3 Months 20 17.5

NOTES: State Bank of Vietnam rules allow dollar/dong transactions to move in a band of +/- 1 percent around the mid-point set daily. The dong’s exchange rate against other currencies is not restricted by a band. Interbank quotes are indicative bid/ask prices.

One tael is equivalent to 37.5 grams or 1.21 troy ounce.

Interbank offered rates are indicative, quoted from market sources. – Reuters

Tags: vietnam gold, Vietnam gold market, Vietnam gold prices