How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,161 VND/USD.
The black market USD exchange rate today is at 23,670 - 23,720 VND (buy - sell).
Vietcombank's exchange rate today is listed at: 22,930 VND - 23,140 VND (buy - sell). The USD/VND exchange rate decreased by 15 VND in both directions compared to the previous session.
Vietcombank's Euro exchange rate is currently at VND 26,996 - VND 28,406 (buy - sell).
The Japanese Yen exchange rate is currently at 206 VND - 217 VND (buy - sell).
The British exchange rate is currently at 31,211 VND - 32,515 VND (buy - sell).
The Nhan exchange rate today is at 3,482 VND - 3,628 VND (buy - sell).
The Australian Dollar exchange rate today is at 17,508 - 18,240 VND (buy - sell).
USD price today's increase slightly, gold price today decreased
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 90.812.
The XAU/USD gold exchange rate is currently at 1770.10.
Although USD prices increased slightly, they still traded around a 7-week low. The US Federal Reserve (Fed) recently reaffirmed that it will maintain a stable monetary policy with interest rates close to 0.
In addition, the Fed has purchased large quantities of bonds to continue supporting the recovery process of the economy heavily affected by the COVID-19 pandemic.
After the Federal Open Market Committee's (FOMC) 2-day policy-making conference, the Fed announced that it would maintain its lending interest rate target at 0-0.25%.
The Fed also stressed that it will continue to increase Treasury bond holdings to at least $80 billion/month and mortgaged bonds to at least $40 billion/month until more significant progress is achieved, aiming for maximum employment and price stabilization goals.
The Euro fell 0.1% but was still near a one-month high of $1,2117 on Monday.
"The dollar does not seem to be holding on to the strong gains it had in early 2021. Previously, USD prices were boosted by investors expecting a package to stimulate the economy and rapid vaccination in the US. Most of those things seem to have been valued, said Ryobi, CFO of Kyosuke Suzuki.
Investors are now awaiting the Federal Reserve's decision on Wednesday. comments from Chairman Jerome Powell will receive special attention from investors. Some investors expect Mr. Powell to maintain his current policy.
The dollar has fallen nearly 3% since late March 2021, as US Treasury yields fell from a 14-month high of 1.7760%. The yield on the 10-year US Treasury note is currently around 1.58%.
The US Congress has previously issued stimulus measures worth more than $3,000 billion and the Fed has loosened monetary policy and brought interest rates to a lowest level in the bank's history.
More than $5.300 billion has been spent on COVID-19-related rescue efforts. The government has also implemented a huge bond purchase program.
Currently, the US is vaccinating about 3 million people per day. The economy is expected to maintain growth momentum as more and more activities return to normal.
Online Kitco gold price is currently at 1769.10 - 1770.10 USD/ounce.
Domestic gold prices are as follows: SJC gold price today is 55.25 million VND/tael (buy) and 55.60 million VND/tael (sell).
