HA NOI (Biz Hub)— Vietnam's Central bank set the US dollar's exchange rate at VND21,036 on Monday, unchanged since June 28.
Commercial banks are allowed to apply effective exchange rate +-1% from the official exchange rate set by the central bank, accordingly, the ceiling price for a dollar today was VND21,246.
On Monday, some commercial banks continued adjusting down dollar prices, offering from VND21,080 - 21,100 for bid and VND21,160 - 21,170 for ask.
Dollar Price Quote for August 5, 2013
Vietcombank
|
21,090
|
-10
|
21,160
|
-10
|
Eximbank
|
21,080
|
-10
|
21,160
|
-2
|
BIDV
|
21,100
|
0
|
21,170
|
0
|
Dollar prices have been continuously falling recent days, both in the official market and in the green market. It is said that the central bank has stopped selling dollars to commercial banks after the recent surge in exchange rates has cooled. — Stoxplus