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Home Exchange Rate/Rate

VND/USD Exchange Rate Session May 16: Central and Commercial Banks Drop Sharply, Free USD Remains Steady

An Lý by An Lý
May 16, 2024
in Exchange Rate/Rate
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VND/USD Exchange Rate Session May 16: Central and Commercial Banks Drop Sharply, Free USD Remains Steady
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Summary

  • Central exchange rate decreases by 29 VND/USD.
  • Commercial banks drop 6-30 VND at various entities.
  • Free market remains steady.

Content

Today (May 16), the State Bank of Vietnam announced the central exchange rate for the VND/USD pair at 24,240 VND/USD, a decrease of 29 VND compared to the previous listing. With a regulatory margin of +/-5%, the floor rate is 23,028 VND/USD, and the ceiling rate is 25,452 VND/USD.

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Gold Ring Session May 16: Gold Rings Narrow Gains, Difference with Global Prices Significantly Reduced

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Gold Price Table Morning of May 17: Market Lacks Activity, SJC Slides Slightly Below 90 Million VND Mark

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  • 9999 Gold Rings on March 28: Heading towards a record peak of nearly VND101 million after 5 sessions of continuous increase
  • 9999 Gold Ring March 27: Gold rings consolidate the 99 million VND mark as world prices rise to nearly 3040 USD
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