Dec 1, 2008
SBV Sets USD/VND Exchange Rate At 16,481on Dec 01
Official USD/VND rate: 16,481 -2
Vietcombank buys at : 16,970 unch
Gold shops buy at : 17,200 +20
Vietnam's central bank set the dollar's exchange rate lower at VND16,481 Monday.
The state-owned Vietcombank bought the dollar unchanged at VND16,970. It sold at VND16,975, compared with VND16,977 Friday.
Gold shops bought higher at VND17,200 and sold higher at VND17,250, compared with VND17,220 Friday.
Dealers said they expect the rate to stay little changed this week on weak dollar demand. (Dow Jones)