Bullion lightly slides; dollar rallies
19.05.89
Meanwhile, dollars were bought at VND21,380 per dollar, and sold at VND21,450 per dollar on free market, an increase of VND60 per dollar in buying price and VND30 per dollar in selling price over the previous day. The State Bank of Vietnam added another VND10 per dollar into the interbank exchange rate this morning, sending the rate to a five-month high of VND20,688 per dollar. Saigon Jewelry Company, the biggest gold processor and trader in Vietnam, quoted the price at VND43. 75 million for buying, and VND44 million for selling in Ho Chi Minh City. Sacombank Jewelry Company bought gold at VND43. Hanoi-based Phu Quy Jewelry Company purchased SJC-brand gold at VND43. Vietcombank bought dollars at VND20,890, and sold at VND20,895.
Source: SGGP