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 VND 26,833 - VND 28,235 (buy - sell).
The Japanese Yen exchange rate is currently at 204 VND - 215 VND (buy - sell).
The British exchange rate is currently at 31,245 VND - 32,550 VND (buy - sell).
The Nhan exchange rate today is at VND 3,490 - VND 3,636 (buy - sell).
The Australian Dollar exchange rate today is at 17,404 - 18,131 VND (buy - sell).
USD price today fell from a 2-week peak, 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 91.108.
The XAU/USD gold exchange rate is currently at 1,793 USD/ounce.
USD prices fell after rising to a 2-week peak. What investors are most concerned about right now is when the Federal Reserve will return to monetary stimulus.
Previously, the increase in the US dollar was due to better US economic data due to expectations of increasing vaccination rates in the US.
International Monetary Fund (IMF) data also showed that the share of the US dollar in global foreign exchange reserves fell sharply to below 60% in the fourth quarter of 2020, the lowest level in 25 years.
Investors are concerned about the comments of US Treasury Secretary quan quan Yellen on interest rates being able to increase if the economy develops hotly.
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.
Online Kitco gold price is currently at 1792.00 - 1793.00 USD/ounce.
Domestic gold prices are as follows: SJC gold price today is 55.45 million VND/tael (buy) and 55.75 million VND/tael (sell).
