* Jan 9: Vietnam c.bank keeps the US dollar exchange at 20,828 dong

January 9th, 2012 12:05 pm · Posted in NEWS: Dinar Currency & World Currency News 

Vietnam’s central bank today January 9 still kept the exchange rate unchanged at 20,828 dong/US dollar after it raised the reference rate to all-time high in its history on December 24, 2011. Since October 5, 2011, the reference rate has gained 200 dong per dollar. Commercial banks are allowed to apply the effective exchange rate +/-1% from the official rate set by the central bank; accordingly, the ceiling price for a dollar today was 21,036 dong.

Today, Vietcombank, Asia Commercial Bank, Eximbank and some other banks bought the US dollar at 21,010-21,033 dong and sold the greenback at 21,036 dong.

Dollar Price Quote at Some Banks for Jan. 9, 2012

Bank
Bid
Ask
Vietcombank
21,030
21,036
ACB
21,015
21,036
Eximbank
21,015
21,036
BIDV
21,010
21,036
Vietinbank
21,033
21,036

Last weekend, the US dollar on the free market was traded at 21,210 dong (purchase) and 21,240 dong (sell).

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