Vietnam gold reaches 37.75M

Here’s a snapshot of the Vietnamese dong, gold and interbank lending rates at 0220 GMT.

May 31 May 30 USD/VND mid-point 20,643 20,643 USD/VND interbank 20,500/20,650 20,510/20,610 USD/VND unofficial 20,530/20,550 20,530/20,550 Gold (mln dong per tael) 37.76/37.85 37.66/37.75 Interbank offered rates Overnight 12.5 12.5-13

1 Week 14-15 15

1 Month 16-17 17

3 Months 18-19 19

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