Foreign exchange rate 11.5: USD slightly increases, gold opportunity for investment

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Foreign exchange rate today (11.5): Black market USD continues to plummet while world USD price increases. Gold price today is at 56.30 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 23,350 - 23,400 VND (buy - sell).

Vietcombank's exchange rate today is listed at: VND 22,930 - VND 23,160 (buy - sell), down VND 10 for buying and up VND 10 for selling compared to the previous trading session.

Vietcombank's Euro exchange rate is currently at VND 27,135 - VND 28,533 (buy - sell).

The Japanese Yen exchange rate is currently at 205 VND - 216 VND (buy - sell).

The British exchange rate is currently at 31,717 VND - 33,042 VND (buy - sell).

The Nhan exchange rate today is at 3,513 VND - 3,660 VND (buy - sell).

The Australian Dollar exchange rate today is at 17,601 - 18,337 VND (buy - sell).

USD price today's increase, gold price today increased

The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 90.120.

The XAU/USD gold exchange rate is currently at 1839.20 USD/ounce.

USD prices increased slightly after a series of sharp declines. However, experts predict that the USD's increase will not last long because they expect that commodity prices will continue to increase.

USD/JPY exchange rate increased by 0.10%. New data shows that household spending in March increased better than expected by 7.2% compared to the previous month.

USD/CNY exchange rate increased by 0.18%. China's consumer price index (CPI) fell 0.3% from the previous month but increased 0.9% over the same period last year. The Producer Price Index (PPI) increased by 6.8% compared to the same period last year.

According to experts, the US economy is on the path to a complete recovery. The growth rate in the second quarter of 2021 is expected to reach at least 8% and may be even higher.

This means that the US economy will completely return to production levels as before the COVID-19 pandemic in the third or fourth quarter of 2021.

In that context, it is no surprise that core inflation (excluding food and energy prices) rose 0.4% last month.

Prices of commodities including crude oil, copper and steel are expected to increase further, raising concerns about rising inflation. Meanwhile, investors expect the US Federal Reserve to start abandoning its current dovish policy.

Investors are waiting for the speeches of Fed officials and Bank of England Governor Andrew Bailey.

The dollar was traded at 1.2097 Canady dollars, its weakest level in more than three years.

Demand for goods is expected to continue to increase as the COVID-19 vaccination is accelerated, creating expectations for economic recovery prospects in more countries. In addition, supply constraints for some items may mean high prices in the short term.

In the cryptocurrency market, the Ether is traded at $3.906, down slightly from the recent record high of $4.200. Bitcoin price decreased slightly to 55,578 USD.

Online Kitco gold price is currently at 1838.20 - 1839.20 USD/ounce.

Domestic gold prices are as follows: SJC gold price today is 55.85 million VND/tael (buy) and 56.30 million VND/tael (sell).

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TIN LIÊN QUAN

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Foreign exchange rate 10.5: Bad news is heavy, USD is unlikely to "turn around", opportunities for sale

Trà My |

Foreign exchange rate today (May 10): Black market USD price decreased sharply in the same direction as world USD price. Gold price today is at 55.95 million VND/tael.

Foreign exchange rate 9.5: USD depreciates, investors continuously sell off to make a profit

Trà My |

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Trà My |

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