How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,147 VND/USD.
The black market USD exchange rate today is at 23,300 - 23,370 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,625 - VND 22,855 (buy - sell), down VND 5 in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at 25,792 VND - 27,214 VND (buy - sell).
The Japanese Yen exchange rate is currently at 192 VND - 203 VND (buy - sell).
The British exchange rate is currently at 30,594 VND - 31,873 VND (buy - sell).
The Nhan exchange rate today is at 3,493 VND - 3,639 VND (buy - sell).
USD price decreases, Gold price today cools down after reaching a 5-week peak
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 93.562.
USD prices cool down after Treasury yields increase. USD prices are being strongly supported by investors expecting the Fed to raise interest rates earlier than expected.
Over the past week, the US dollar has at times increased to a one-year high against a basket of other currencies. In the context of strong increases in Treasury yields, investors believe that the Federal Reserve may need to increase exchange rates to address high inflation.
It seems that the long-term selling trend of the US dollar has become more evident, said analysts at Scotiabank.
The dollar fell after data showed that the US housing construction industry suddenly fell to a one-year low amid severe shortages of raw materials and labor. This has led experts to worry about slowing US economic growth in the third quarter.
Richmond Fed President Thomas Barkin said on Tuesday that the US labor shortage could continue due to the impact of the COVID-19 pandemic. This limits economic growth unless the US implements better education, health care and child care policies to increase the number of people willing and able to work.
The Euro rose 0.25% to $1.1640. Other currencies, including the British pound and the New Zealand dollar, are benefiting from expectations of a rate hike.
The British pound increased by 0.51% due to expectations of rising interest rates. The New Year's dollar rose 1.14% after new data showed the country's consumer price inflation rose the fastest in more than a decade.
The UK and New Zealand have led the increase in short-term bond yields, in which short-term bond yields have increased relatively more than the US.
The yuan rose to a four-month high after concerns about the risk of bankruptcy of Evergrande Real Estate Group eased. Some companies in the same industry have paid with bonds. Policy makers say the situation is manageable.
In the cryptocurrency market, Bitcoin prices have risen to $63,789, the highest level since April and approaching a record peak.
World gold prices cooled down after soaring to a 5-week peak.
World gold prices are currently at 1,781.60 - 1,782.60 USD/ounce.
Today's SJC gold price is 57.00 million VND/tael (buy) and 57.72 million VND/tael (sell).
