How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,149 VND/USD.
The black market USD exchange rate today is at 23,220 - 23,300 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,930 - VND 23,160 (buy - sell), unchanged in the selling direction compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at VND 27,151 - VND 28,569 (buy - sell).
The Japanese Yen exchange rate is currently at 205 VND - 216 VND (buy - sell).
The British exchange rate is currently at 31,753 VND - 33,079 VND (buy - sell).
The Nhan exchange rate today is at 3,514 VND - 3,661 VND (buy - sell).
The Australian Dollar exchange rate today is at 17,592 - 18,327 VND (buy - sell).
USD price today's sharp decrease, 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 90.388.
The XAU/USD gold exchange rate is currently at 1,833.90 USD/ounce.
USD prices have increased but are still "swinging" around their lowest level since the beginning of 2021, as investors are betting that US inflation data will not change the current dovish monetary policy of the US Federal Reserve.
The USD/JPY pair increased by 0.15% to 108.77.
The dollar has fallen to a two-month low against the Euro.
Concerns that inflation in the US could put pressure on the Fed to raise interest rates earlier than expected have led to a sell-off of technology stocks. However, solid messages from Fed officials, including Chairman Jerome Powell, seem to have eased market concerns.
As long as the stock market does not experience a stronger correction, the dollar can be a safe haven. The Fed is committed to an easy monetary policy, said Rodrigo Catril, an analyst at the Australian National Bank.
A Fed official, Mr. Louis James Bullard, predicted that inflation could be at 2.5% next year. While Fed Governor La Brainard said weak employment data and newly released non-farm payroll data showed signs of a long-term recovery in the US economy.
Commodity prices increased, prompting commodity-related currencies to increase. This puts pressure on the dollar. However, currencies such as the Australian and New Zealand dollars have cooled down after rising to a 10-week peak. The Canadian dollar was also just below its nearly four-year high on Tuesday.
Improved global economic growth prospects are shifting investors' cash flow to emerging markets. In addition, the large and growing US trade deficit is a factor affecting the increase of the greenback.
Online Kitco gold price is currently at 1833.90 - 1834.90 USD/ounce.
Domestic gold prices are as follows: SJC gold price today is 55.72 million VND/tael (buy) and 56.12 million VND/tael (sell).
