How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,176 VND/USD.
The black market USD exchange rate today is at 23,580 - 23,330 VND (buy - sell).
Vietcombank's exchange rate today is listed at: 22,940 VND - 23,350 VND (buy - sell).
Vietcombank's Euro exchange rate is currently at VND26,885 - VND28,289 (buy - sell).
The Japanese Yen exchange rate is currently at 204 VND - 215 VND (buy - sell).
The British exchange rate is currently at 31,252 VND - 32,557 VND (buy - sell).
The Nhan exchange rate today is at 3,491 VND - 3,638 VND (buy - sell).
The Australian Dollar exchange rate today is at 17,368 - 18,094 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 91.222.
The XAU/USD gold exchange rate is currently at 1777.90 USD/ounce.
USD prices increased as investors expressed concern about the comments of US Treasury Secretary quan quan Yellen about interest rates possibly increasing if the economy develops hotly.
The USD/JPY pair is stable at 109.32.
The AUD/USD pair increased by 0.35% while the USD/USD pair increased by 0.38%.
The stronger US dollar has put pressure on the Euro to depreciate and threaten to continue to fall below the important support level of 1,200 USD.
Yellen's comments suggest that raising interest rates is necessary to keep the economy from getting too hot. This stimulates the USD price to increase strongly.
Ms. Yellen's comments immediately rocked the US stock market. Technology stocks fell sharply. Yellen later said she did not expect or recommend the US Federal Reserve (Fed) to raise interest rates. She stressed that she respect the independence of the Fed and would not make any policy recommendations.
The Fed has pledged to keep interest rates near 0% until the labor market recovers and inflation remains above the 2% target for some time, but experts and investors warn that government spending will increase inflation.
Fed Chairman Jerome Powell said the labor market still lacks much compared to the necessary level.
A remaining challenge for the dollar is that the US trade deficit rose to a record $74.4 billion in March.
"This will have an impact on the dollar as the US will increasingly depend on foreign long-term investments to finance the short-term account deficit... Therefore, we believe that the recent downward trend of the dollar will continue," economist Kim Mundy commented.
Online Kitco gold price is currently at 1776.90 - 1777.90 USD/ounce.
Domestic gold prices are as follows: SJC gold price today is 55.25 million VND/tael (buy) and 55.65 million VND/tael (sell).
