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 22,450 - 23,490 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,610 - VND 23,920 (buy - sell), unchanged in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at 25,137 VND - 26,546 VND (buy - sell).
The Japanese Yen exchange rate is currently at 192 VND - 203 VND (buy - sell).
The British exchange rate is currently at 29,955 VND - 31,234 VND (buy - sell).
The Nhan exchange rate today is at 3,502 VND - 3,652 VND (buy - sell).
USD price increases Gold price skyrockets today 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 95.760.
USD prices increased compared to other currencies in the basket of currencies as optimistic market sentiment helped the European stock market increase points and government bond yields increased on the first trading day of 2022.
In London, Europe's main foreign exchange exchange hub closed for the holiday, and trading volumes are expected to remain limited.
While the increase in COVID-19 infections caused by Omicron variants continues to disrupt global tourism activities and public services. Investors hope to avoid economic losses from strict lockdowns.
The dollar index rose 0.12% to 95.79, while the European STOXX 600 hit a new record high and US stock futures experienced a positive trading session on Wall Street.
The Japanese Yen fell in a short time to 115.36 per dollar, the lowest level since the end of November.
The Euro fell 0.21%, while Germany's benchmark 10-year yield rose rapidly by about 4%, marking its highest level since November.
A survey shows that supply shortages have hampered Germany's production in December, but manufacturers with full orders expressed confidence that this will ease by 2022.
"German manufacturers are confident in their growth prospects next year, although much remains dependent on improved supply conditions," Phil Smith, Deputy Director of Economics, commented.
The strong issuance of government bonds in the Eurozone is expected to put increased pressure on yields.
The market is expecting the European Central Bank to maintain a dovish stance while the US Federal Reserve and the Bank of England tighten monetary policy.
The British pound fell 0.05% to $1.3517.
In 2021, the US dollar rose nearly 7% as investors bet the US Federal Reserve would raise interest rates sooner than most other major economies amid rising inflation and the complicated COVID-19 pandemic.
The dollar index had its best year since 2015. The dollar has been supported by the improving US economy and persistent inflation, forcing the Fed to change its strategy and become more "happy". The Fed is expected to start raising interest rates as early as March 2022.
World gold prices increased slightly. In 2021, the price of gold for futures contracts on the Comex exchange "evaporated" about 75 USD in value.
Goldman Sachs is optimistic as it forecasts gold prices could rise above $2,000/ounce by the end of 2022. Meanwhile, Wells Fargo expects gold prices to seek the $2,000/ounce mark.
Domestic SJC gold bar prices increased sharply as soon as they opened for trading on the first day of the week after the New Year holiday.
World gold prices are currently at 1,824.50 - 1,825.50 USD/ounce.
Domestic SJC gold price is currently at 60.85 - 61.62 million VND/tael (buy - sell).
