Aug 25: Vietnam dollar prices stable on both official and black markets
Vietnam’s central bank kept the dong-dollar exchange rate unchanged at 20,628 a dollar on August 25, while banks held their dollar price quote.
Commercial banks are allowed to apply effective exchange rate +-1% from the official exchange rate set by the central bank, hence, the ceiling price for a dollar today was VND20,834.
Commercial banks kept buying dollar at up to VND20,830, close to the ceiling level while they sell dollar at the ceiling rate of VND20,834.
Dollar Price Quote for August 25, 2011
| Bank | Bid | Changes | Ask | Changes |
| Vietcombank | 20.830 | 0 | 20.834 | 0 |
| ACB | 20.830 | 0 | 20.834 | 0 |
| Eximbank | 20.830 | 0 | 20.834 | 0 |
| BIDV | 20.820 | 0 | 20.834 | 0 |
| Sacombank | 20.800 | 20 | 20.834 | 0 |
| SCB | 20.790 | 5 | 20.834 | 0 |
Tags: Vietnam banking industry, Vietnam finance, Vietnam financial, Vietnam forex market
Posted by VBN on Aug 25 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
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