Accounting Exchange Rate for July: USD Increases by 44 Dong

According to Announcement No. 3081/TB-KBNN recently issued by the State Treasury, the exchange rate for accounting foreign currency between the Vietnamese Dong and some foreign currencies has been adjusted upward in July 2017. The details are as follows:

- 1 USD (US Dollar) = 22,415 VND (increase by 44 VND compared to June 2017);- 1 CNY (Chinese Yuan) = 3,313 VND (increase by 46 VND);- 1 EURO (Euro) = 25,632 VND (increase by 639 VND);- 1 GBP (British Pound) = 29,187 VND (increase by 512 VND);- 1 AUD (Australian Dollar) = 17,269 VND (increase by 585 VND);- 1 CHF (Swiss Franc) = 23,439 VND (increase by 516 VND);

The exchange rate shall be applied in the following transactions:

- Conversion and accounting of state budget revenue and expenditure in foreign currency, including in-kind receipts with foreign currency origins;- Conversion and accounting in the bookkeeping of the State Treasury.

See detailed Accounting Exchange Rates between Vietnamese Dong and other foreign currencies for July 2017 in Notice 3081/TB-KBNN dated June 30, 2017.

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