Interbank forex rate sees new bottom at 20,633 dong/US dollar Jun 3

The interbank forex rate today Friday (June 3) announced by the State Bank of Vietnam (SBV) dropped 5 dong from yesterday to 20,633 dong/US dollar.

This is the lowest level of the interbank forex rate since February 11, 2011, breaking the old bottom of 20,638 dong/US dollar by last weekend.

The ceiling forex rate at commercial banks today is 20,839 dong/US dollar.

Thus in this week, the interbank forex rate slipped 10 dong/US dollar from the previous week.

Commercial banks today also lowered the buying-selling prices of US dollar from yesterday. Vietcombank lowered 50 dong, Eximbank (40 dong) and Vietinbank down 20 dong. – SBV

Tags: Vietnam banking industry, Vietnam finance, Vietnam financial, Vietnam forex market

Posted by VBN on Jun 4 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