Vietnam’s central bank quoted the U.S dollar exchange rate at VND20.828 on Tuesday, unchanged for nearly 4 months or longest string since it has been applied but also the highest one.
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 VND21,036 but commercial banks mostly quoted dollar prices below the upper limit.
Dollar Price Quote for March 20th, 2012.
Bank | Bid | Change | Ask | Change |
Vietcombank | 20,810 | 0 | 20,870 | 0 |
ACB | 20,790 | 0 | 20,850 | 0 |
BIDV | 20,800 | 0 | 20,850 | 0 |
Eximbank | 20,800 | 0 | 20,850 | 0 |
Vietinbank | 20,810 | 0 | 20,850 | 0 |