USD price soars to a 4-month peak, strong buying power makes gold prices recover

Trà My |

Foreign exchange rate today: USD price remains high. Domestically, the price of SJC gold today is at 57.27 million VND/tael.

How much is the VND for the current USD exchange rate?

The central exchange rate is listed by the State Bank at 23,145 VND/USD.

The black market USD exchange rate today is at 23,150 - 23,290 VND (buy - sell).

Vietcombank's exchange rate today is listed at: 22,700 VND - 22,930 VND (buy - sell), up 10 VND in both directions compared to the previous trading session.

Vietcombank's Euro exchange rate is currently at VND 26,127 - VND 27,486 (buy - sell).

The Japanese Yen exchange rate is currently at 201 VND - 212 VND (buy - sell).

The British exchange rate is currently at 30,711 VND - 31,994 VND (buy - sell).

The Nhan exchange rate today is at 3,451 VND - 3,596 VND (buy - sell).

The Australian Dollar exchange rate today is at 16,3238 - 17,020 VND (buy - sell).

USD price today hits 4-month peak, gold price today drops sharply

The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 92,960.

USD prices are anchored at a four-month high against a basket of currencies. Investors are looking for further suggestions from the Federal Reserve on a plan to reduce monetary stimulus.

USD prices are reinforced by data showing that US manufacturing prices have reached their biggest annual increase in more than a decade.

The dollar index is approaching a four-month high and maintaining a weekly gain of 0.2%.

The Euro fell slightly to $1.1732, marking the second consecutive week of losses and nearing a four-month low.

The dollar was at 110.42 yen, nearing a one-month high.

The British pound fell slightly after hitting a two-week low in the previous session.

Several Fed officials this week have spoken out in favor of reducing bond purchases in the coming months. This makes the Fed different from other major central banks such as the European Central Bank and the Bank of Japan.

While many market investors see Fed Chairman Jerome Powell as more dovish than some other board members, especially regional Fed executives, in sending more haward messages.

Unemployment claims data fell last week as economic recovery from the COVID-19 pandemic continued, despite concerns about Delta's spillover.

"The focus of investors is shifting to inflationary employment data. While we still need to monitor the impact of Delta, if the number of jobs increases strongly in the coming months, it is likely that the Fed needs to have a notice to adjust its monetary policy," said Oshikubo, senior economist at Sumitomo Mitsui Trust Asset Management.

Some investors think the Fed could signal a time to gradually reduce its monetary policy at a central bank meeting in Jackson Hole, Wyoming, on August 26-28, although many others expect the Fed to take a slower approach.

The decline in oil prices has put some pressure on commodity-related currencies as the International Energy Agency (IEA) said the spread of Delta variants will slow down the recovery of global oil demand.

The Australian dollar is at near an 8-month low.

The gap between domestic gold prices and world gold prices is currently higher than the buying price of 720,000 VND/tael.

World gold prices are currently at 1,779.70 - 1,780.70 USD/ounce.

Today's SJC gold price is 56.55 million VND/tael (buy) and 57.27 million VND/tael (sell).

Trà My
TIN LIÊN QUAN

USD exchange rate anchored firmly at 4-month peak, gold price fluctuated sideways

|

Foreign exchange rate today (August 12): USD price remains high. Domestically, the price of SJC gold today is at 57.12 million VND/tael.

Foreign exchange rate today 11.8: USD increases due to strong buying pressure, gold falls sharply

|

Foreign exchange rate today (August 11): USD price breaks out as buying pressure increases strongly. Domestically, the price of SJC gold today is 56.97 million VND/tael.

Foreign exchange rate 9.8: USD increases to nearly 4-month peak

|

Foreign exchange rate today (August 9: USD price skyrocketed to the 4-month peak. Domestically, the price of SJC gold today is 56.92 million VND/tael.

Hanoi Traffic Police spent the night blocking and arresting a series of trucks violating traffic laws on the southern road

|

Hanoi - The southern axis of Hanoi has a high density of vehicles, especially heavy trucks. Many drivers take advantage of the late night to violate traffic laws.

Van Phong - Nha Trang Expressway is 83km long before opening to traffic

|

The Van Phong - Nha Trang Expressway, over 83 km long, is expected to open to traffic on April 19.

Trade union news: Increase retirement money before age according to Resolution 01

|

Today's Trade Union newsletter has the content: Increasing retirement money before age according to Resolution 01; The cramped Danang worker house ...

The pity of journalist Huy Dan - a model journalist and Party member

|

Journalist Nguyen Huy Dan - former Deputy Editor-in-Chief of Lao Dong Newspaper - passed away on April 16, 2025, leaving many regrets for his family, friends and generation who are Lao Dong Newspaper today.

Scanning gold bandits in Vinh O after Lao Dong Newspaper's reflection

|

Quang Tri - After Lao Dong Newspaper's reflection on the situation of gold bandits operating in Vinh O, the police and forest protection forces have stepped in to search.

USD exchange rate anchored firmly at 4-month peak, gold price fluctuated sideways

Trà My |

Foreign exchange rate today (August 12): USD price remains high. Domestically, the price of SJC gold today is at 57.12 million VND/tael.

Foreign exchange rate today 11.8: USD increases due to strong buying pressure, gold falls sharply

Trà My |

Foreign exchange rate today (August 11): USD price breaks out as buying pressure increases strongly. Domestically, the price of SJC gold today is 56.97 million VND/tael.

Foreign exchange rate 9.8: USD increases to nearly 4-month peak

Trà My |

Foreign exchange rate today (August 9: USD price skyrocketed to the 4-month peak. Domestically, the price of SJC gold today is 56.92 million VND/tael.