Vietnam & World Forex Market News

Vietnam and World Currency Market News

Gold price slips to 19.24 mln dong/oz, US dollar up to 17,730 dong   2009-03-05 - VNBusinessNews

The gold selling price on the domestic market on March 4 dropped to 19.24 million dong per tael (a tael equals 1.2oz), falling by 230,000 dong per tael against a day earlier.

Particularly, at Saigon Jewellery and Gemstone Co, the SJC gold price was quoted its buying and selling price at 19.15 million dong and 19.24 million dong per tael.

The gold price at Bao Tin Minh Chau Jewellery Co also slipped by 150,000 dong per tael from previous day with the buying and selling price listed at 19.15 million dong and 19.3 million dong per tael.

The domestic gold price continued falling due to the world gold price kept going down. The gold price at New York on March 3 market dropped by US$26.4/ounce (or 2.8%) to US$913.6/ounce, marking the biggest drop since last December 12.

As for the foreign currency market, the US dollar price was traded at 17,680 dong per US dollar (as buying) and 17,730 dong/US dollar (as selling) in the free market on March 4, rising 60 dong/US dollar day on day.

Meanwhile, at the Bank for Foreign Trade of Viet Nam (Vietcombank), the forex rate was listed 17,478 dong/US dollar.



Other news

Gold prices sliding, greenback price bouncing   2009-03-04

Central bank sets USD/VND exchange rate at 16,973 on Feb 25   2009-02-26

Forex rate to be maintained   2009-02-25

Dollar on black market marching towards VND18,000/US$1.00   2009-02-25

Black market price for the dollar climbs   2009-02-23

Gold price flickering, dollar staying put   2009-01-15

Vietnam’s currency move unlikely to boost exports, says Dragon   2009-01-11

Gold exchanges face regulation   2008-12-29

Dollar falls on free market   2008-12-29

Black market’s exchange rate soars to VND17,520/US$1   2008-12-25

Businesses complain that they cannot purchase dollars from banks   2008-12-20

Greenback black market price rises by VND 50/US $   2008-12-08

Foreign currency market contracting old disease   2008-11-24

Foreign currency market contracting old disease   2008-11-24



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