How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,170 VND/USD.
The black market USD exchange rate today is at 23,200 - 23,250 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,910 - VND 23,140 (buy - sell), down VND 10 in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at VND 27,158 - VND 28,577 (buy - sell).
The Japanese Yen exchange rate is currently at 204 VND - 215 VND (buy - sell).
The British exchange rate is currently at 31,779 VND - 33,107 VND (buy - sell).
The Nhan exchange rate today is at 3,505 VND - 3,652 VND (buy - sell).
The Australian Dollar exchange rate today is at 17,465 - 18,194 VND (buy - sell).
USD price today's decrease, today's gold price is supported to increase
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 90.085.
USD prices weaken, gold prices skyrocket. Investors are still concerned about the possibility of the Fed raising interest rates sooner than expected to curb inflation.
USD prices often move in contrast to gold prices. Currently, the USD price has slid near its lowest level in many months.
However, a Fed official, Mr. Robert Kaplan, said that he does not see inflation as a problem and reiterated the view that he does not expect interest rate increases until 2022.
Investors are waiting for the minutes of the latest Fed meeting to be released this week, for more clues on the monetary policy movements of the US Federal Reserve.
More and more experts warn that inflation will certainly increase rapidly and the US Federal Reserve (Fed) is facing new questions about when the agency will raise interest rates to curb inflation. The move could overturn US President Joe Biden's spending plans.
However, policymakers have given some reasons why inflation is unlikely to get out of control.
Japan's GDP in the first quarter of 2021 decreased by 5.1% compared to the same period last year and decreased by 1.3% compared to the previous quarter. The reason is that the country's consumption has been affected by the slow implementation of the COVID-19 vaccine.
Other countries in the Asia region, including Taiwan and Singapore, are also facing a surge in the COVID-19 pandemic.
Online Kitco gold price is currently at 1869.30 - 1870.30 USD/ounce.
Domestic gold prices are as follows: SJC gold price today is 56.05 million VND/tael (buy) and 56.43 million VND/tael (sell).
