How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,133 VND/USD.
The black market USD exchange rate today is at 23,380 - 23,440 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,540 - VND 22,770 (buy - sell), down VND 60 in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at 25,537 VND - 26,945 VND (buy - sell).
The Japanese Yen exchange rate is currently at 193 VND - 204 VND (buy - sell).
The British exchange rate is currently at 29,793 VND - 31,038 VND (buy - sell).
The Nhan exchange rate today is at 3,469 VND - 3,615 VND (buy - sell).
USD price today skyrockets, Gold price reverses to increase today
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 94.442.
USD prices continue to increase strongly. The Fed has just signaled that it will continue to be steadfast in keeping interest rates and will start cutting the bond purchase program this month.
The Bank of England (BoE) also decided to keep interest rates unchanged last week, contrary to predictions that this bank will lead the world's major central banks to raise interest rates after the COVID-19 pandemic.
Investors are waiting for the US jobs report. This report is expected to change the timing of the interest rate hike by the Federal Reserve.
The British pound had its worst week in 11 years after the Bank of England kept interest rates stable.
The dollar index increased by 0. 20% last week. Meanwhile, the British pound fell 1.39% last week
European Central Bank President Christine Lagarde opposed the rate hike next October and said it would be unlikely for such a move in 2022.
Fed Chairman Jerome Powell said he is in no rush to raise interest rates, even as the Federal Open Market Committee announced a $15 billion reduction in annual $120 billion in property purchases.
The Fed has placed the recovery of the labor market as a condition for raising interest rates. Economists forecast the US non-farm payroll to increase by 450,000 jobs in October.
"The FOMC has issued a slight decrease, the USD is still positioned better than most other currencies," said Westpac analyst.
The Euro fell 0.16% this week. Germany and France, the two largest economies in the Eurozone, both saw industrial production decline in September due to a shortage of raw material supply.
Analysts believe that rising inflation could affect the region's economic growth in the future.
Eurozone inflation in October 2021 increased sharply, up to 4.1% higher than the same period in 2020. This is a record high in the past 13 years and double the target of the European Central Bank (ECB), in the context of energy prices increasing by 23.5%.
Among cryptocurrencies, Bitcoin is priced at $61,993, almost flat since it hit an all-time high of over $67,000 last month.
Gold prices today reversed and increased after falling sharply to a 3-week low. Gold prices are facing strong resistance at $1835/ounce.
World gold prices are currently at 1,818 - 1,819 USD/ounce.
Today's SJC gold price is 58.05 million VND/tael (buy) and 58.77 million VND/tael (sell).
