How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,173 VND/USD.
The black market USD exchange rate today is at 23,160 - 23,230 VND (buy - sell).
Vietcombank's exchange rate today is listed at: 22,800 VND - 23,030 VND (buy - sell), unchanged in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at VND 26,257 - VND 27,623 (buy - sell).
The Japanese Yen exchange rate is currently at 202 VND - 213 VND (buy - sell).
The British Stock Exchange rate is currently at 30,977 VND - 32,271 VND (buy - sell).
The Nhan exchange rate today is at VND 3,465 - VND 3,610 (buy - sell).
The Australian Dollar exchange rate today is at 16,396 - 17,081 VND (buy - sell).
USD price today approaches 4-month peak, gold price today drops sharply
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 92.808.
USD prices rose near a four-month high against the Euro after strong labor market data led investors to believe the Federal Reserve would soon take stimulus cuts.
The strong US jobs report has investors hoping that asset purchases could start this year and high interest rates will increase in 2022.
Compared to a basket of currencies, the dollar has fallen 0.1% but is still near a four-month high.
The dollar also climbed to a high of 110.37 yen, after rising 0.4% last weekend.
After the jobs report, the yield on the 10-year Treasury note rose 8 basis points, marking a two-week high of 1.3053%.
The strong US jobs report has triggered a spike in US bond yields, supporting a higher dollar, said Alvin Tan, currency strategist at RBC Capital Markets.
Salary growth in the previous two months was also adjusted higher and Tan noted that Fed Chairman Jerome Powell signaled that job growth was an important indicator for the central bank to assess the progress of the economy. Fed officials have helped the job market recover on the condition that monetary policy is tightened.
The non-farm payroll report shows that the number of jobs increased by 943,000 in July, higher than the forecast of 870,000 jobs by economists. The figures for May and June have also been adjusted.
Mizuho Bank expert Ken Cheung commented: The strong US report seems to have removed the final barrier to the Feds cut.
There have been signs of a sudden increase in the dollar in the context of a generally quiet market. Investors are cautious about the news of rising COVID-19 infections across Asia.
World gold prices are facing a downward trend in the short term due to pressure from the Fed's likely to tighten monetary policies. The Fed will have no reason not to reduce economic stimulus after the jobs report and many other better-than-expected figures.
World gold prices are currently at 1,743.90 - 1,744.90 USD/ounce.
Domestic SJC gold prices decreased by VND100,000/tael in both directions compared to the previous trading session. Today's SJC gold price is 56.20 million VND/tael (buy) and 56.92 million VND/tael (sell).
