US dollar price in black market exceeds 21000 dong

In the afternoon on September 13, the US dollar price at a foreign exchange shop in Ha Trung street (Hanoi) was quoted at 20,910 dong (bid), up 50 dong and the 20,940 dong (ask), up 20 dong from the previous day, according to the local online newswire VnExpress.

Till morning September 14, a foreign currency trader on Ha Trung St (Hanoi) said that the US dollar buying price was 20,980 dong and the US dollar selling price was 21,030 dong, up 70 dong in buying price and 90 dong in selling price from previous day.

Meanwhile, the State Bank of Vietnam (SBV) on September 15 still remained unchanged the interbank average forex rate at 20,628 dong/US dollar for 19 consecutive days.

Accordingly, commercial banks also kept the US dollar prices stable. Vietnam Commercial Joint Stock Bank for Foreign Trade (Vietcombank-VCB) and Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank-CTG) announced to buy US dollar at 20,830 dong and sell US dollar at the forex rate ceiling of 20,834 dong.

From VietNamBusiness

Newer Articles
  • Bad debt of Vietnam’s whole economy at 7-8pct: Bidv’s chairman
  • Expert predicts inflation at single-digit rate in 2012
  • Tighter spending helps curb inflation
  • Rise in bad bank debt exposes economy
  • Fearing recession in EU, Vietnamese businesses try to seek new markets
  • Vietnam’s economy looks grim with ADB’s forecast
  • Vietnam Insurance Market: Keeping Double-digit Growth
  • Vietnamese firms invest over $24.5b in foreign countries as of July-end
  • Ernst & Young Vietnam role to be examined
  • Vietnamese enterprises expanding into international markets
Older Articles
  • 14 European countries invest in Hanoi
  • Interest rates are set to head South
  • Overseas Vietnamese workers to send home $1.8 bln: ministry
  • State strained by unnecessary works: ministry
  • Gold soars by VND1million a tael in Vietnam
  • Vietnam spends $3.13 bln on foreign aids repayment
  • FDI should be on the right track
  • Vietnam not to adopt grow at any cost model
  • Can Vietnam contain inflation and achieve development goals?
  • Bold SOS credit growth move to right listing ship
Latest News
  • Vietnamese software firms consider Japan as the major market
  • Despite problems, 2011 FDI spending equals 2010
  • EVNTelecom asks for government’s approval to sell 12pct stake for VTC
  • Vietnamese enterprises expanding into international markets
  • Ernst & Young Vietnam role to be examined
  • Vietnamese firms invest over $24.5b in foreign countries as of July-end
  • Vietnam Insurance Market: Keeping Double-digit Growth
  • Vietnam’s economy looks grim with ADB’s forecast
  • Ministry rejects import-export tax changes
  • Government okays anti-dumping suit against US
For Foreigners
  • Adb: policy tightening will lower inflation
  • HSBC, Barclays to advise Vietinbank’s planned overseas dollar bond sale
  • Vietnam govt to service debt for troubled cement projects
  • Calm heads prevail as the forex market to remain cool
  • Further fiscal & monetary tightening in coming months
  • IMF cuts Vietnam’s inflation forecast to 9.5pct in 2011
  • Vietnam’s dong has best week since 1997 after dollar rates curb
  • Vietnam tightens control over state-bank partnership
  • Foreign investors list problems in Vietnam
  • Foreign invested enterprises complain about customs procedures

BusinessTradeVietnamGovernmentFDIWorld economyVietnamese PartyEconomyEconomicMarketState managementPrime MinisterHCM cityHanoiHo Chi MinhCPIAsianWorldAmericaEuropeNguyen Tan DungHau GiangMekong DeltariceStandingMekongCambodiausajapanchinakoreaLai ChauHoa BinhHoi AnChu LaiQuang NamDa nangCan thoSon LaPower PlantMinistry of IndustryDung QuatOilSingaporeThailandMalaysiaIndonesiaLaosVietnameseFDI capitalinvestorsforeign investorNetherlandsUSservicetransportationinfrastructuretourismVNPostExpressSpainGoldTra fishexportcontractstouristMiddle AreaConstructionShipbuildingIndustryCompanyIndustrial ZonebudgetDong NaiBinh DuongVung TauTay NinhBinh PhuocTay NinhLong AnTien GiangUS investorshydropower plantQuang NinhNha TrangStock ExchangeHNXIndexcapitalAgricultureDong ThapAn GiangExport-Processing ZoneYen BaiLao CaiLai ChauDien BienSon LaHoa BinhPhu ThoHa GiangTuyen QuangBac KanLang SonCao BangmanufacturersAseanRussiadevelopmentAviationinflationHong KongAmericanChamber of CommerceSeafoodODAWBIMFFEDAsia-PacificAssociationcountriesEuropeanmarine economyThanh HoaNghe AnNam DinhHa TinhPhu LýVinh PhucBac NinhBac GiangHung YenHai DuongBinh ThuanBinh PhuocLam DongGia LaiKon tumQuang NgaiQuang BinhQuang TriNinh ThuanCa MauBac LieuSoc TrangTra VinhKien GiangVinh LongBen TreincomespoliciesLawassetsNatural GasBuildingstatisticsstrategyDa Latmineral exploitationprocessingindustrieselectricitywatersupplyEnterprisesforestryfisherycommunicationsreal estatetransportationCorruptionbauxiteSecuritiesInsuranceBankFinanceAccountgoodsTrade BalancecoffeeCoalfestivalHa NamNinh BinhHoa BinhUniversityArtsBooktravelVietnam VisaVisaPagodaCommitteePeople's CommitteeVinashincompaniesHoa PhatHSBCACBvietcombankvietinbank

Copyright 2010 © 
Powered by: CIINS Design by: