Off The Wire
SNAPSHOT-Vietnam dong, gold and interbank rates - Feb 23
February 23 USD/VND mid-point 22,443 USD/VND interbank 22,740/22,741 USD/VND unofficial 22,740/22,760 SJC gold (mln dong/tael) 36.89/37.04
Interbank offered rates Overnight 1.8-2.5
1 week 2.2-3.0
1 month 3.2-3.6
3 months 3.5-4.5
NOTE: The State Bank of Vietnam has begun setting the mid-point rate on daily basis as of Jan. 4, 2016, allowing dollar/dong transactions to move in a band of +/- 3 percent around the mid point.
The dong's exchange rate against other currencies is not restricted by a band. Interbank offered rates are the latest indicative bid/ask prices, quoted from market sources.
One tael is equivalent to 37.5 grams or 1.21 troy ounces. SJC gold prices are quoted by state-owned Saigon Jewelry Co.
For more interbank rate fixings released at 0400 GMT, click on .
For Vietnam market overview click on: Vietnam's bonds market auctions: Bonds auction results: (Reporting by Mai Nguyen)