How much is the VND for the current USD exchange rate?
The State Bank USD exchange rate is at VND 23,981.
Vietcombank's USD exchange rate is currently at 24,330 VND - 24,700 VND (buy - sell).
The Euro exchange rate is currently at 25,882 VND - 27,303 VND (buy - sell).
The Japanese Yen exchange rate is currently at 158.20 VND - 167.45 VND (buy - sell).
The British exchange rate is currently at 30,220 VND - 31,506 VND (buy - sell).
The Nhan exchange rate today is at 3,341 VND - 3,484 VND (buy - sell).
USD price today
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) was recorded at 104.08 points.
USD prices were steady in Thursday's session. The market is waiting for a series of business activity surveys to assess the health of major economies.
Quick data on the PMI across the US, UK and the Eurozone will be released later in the day.
In the early trading session, the Euro exchange rate increased by 0.11% to 1.0831 EUR/USD. The British pound exchange rate remained unchanged at 1.2638 GBP/USD.
The Yen exchange rate continues to expand again at 150.39 JPY/USD. The exchange rate of 150 JPY/USD previously caused Japan to take a move to save the Yen from falling as in 2022.
Matt Simpson, senior market analyst at City Index, said: The US, European and UK Comprehensive PMI could grow at a faster pace. This warns of inflationary pressures - bad news for the market".
Policy makers, especially from the US Federal Reserve and the European Central Bank, have determined to push back market expectations for a series of global interest rate cuts this year.
The minutes of the Fed's latest policy meeting released on Wednesday reinforce the agency's message: Not in a hurry to cut interest rates.
Tony Sycamore - market analyst at IG - commented: "Nothing new.They only reiterated the Federal Open Market Committee (FOMC) decision.The core PCE could be stronger next week, further pushing back the prospect of policy easing." According to the CME FedWatch tool, there is currently only a 30% chance that the Fed can start easing interest rates in May.
This rate is much lower than more than 80% a month ago.
The adjustment of interest rate expectations from US manufacturing and consumer prices increased higher than expected in January, along with the persistent strength of the country's labor market.
In other places, the Australian dollar exchange rate fell 0.07% to 0.65565 AUD/USD.
