How much is the exchange rate of 1 USD?
Central exchange rate today (July 4) The State Bank listed the exchange rate at 23,061 VND/USD, up 5 VND compared to the previous trading session.
The reference exchange rate at the State Bank of Vietnam (SBV) buying at 23,200 VND/USD (unchanged) and selling at 23,703 VND/USD (up 10 VND compared to the previous session).
The free USD price is at: 23,220 - 23,250 VND (buy - sell), down 10 VND in the buying direction and unchanged in the selling direction compared to the previous trading session.
Vietcombank's exchange rate is listed at: VND 23,190 - VND 23,310 (buy - sell), up VND 10 in both directions compared to the previous session.
The price of 1 USD exchanged to VND at BIDV is listed at the exchange rate: VND 23,240 - VND 23,360 (buy - sell), unchanged from the previous trading session.
VietinBank listed the exchange rate at VND 23,178 - VND 23,308 (buy - sell), up VND 7 in both directions compared to the previous trading session.
The price of 1 USD exchanged to VND at Techcombank is listed at the exchange rate of VND 23,170 - VND 23,310 (buy - sell), an increase of VND 10 in both directions compared to before.
USD price at Eximbank, USD buying and selling price is 23,180 - 23,290 VND/USD, up 10 VND in both directions compared to the previous trading session.
USD price at ACB Bank is currently VND 23,170 (buy) and VND 23,290 (sell).
Euro falls, British pound weakens
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 96.317.
Accordingly, 1 Euro is worth 1.1284 USD; 1 USD is worth 107.76 Yen; and 1.2581 British £ £ £ are worth 1 USD.
The dollar is currently trading at near its lowest level of the week against the Japanese Yen. The reason for the decline in USD prices is the expectation that the US Federal Reserve (Fed) will cut interest rates for the first time in a decade. In addition, US Treasury yields fell to a 2.5-year low. Low European bond yields have also increased market expectations of central banks cutting interest rates to strengthen the global economy.
The market is expecting more positive signals for the US-China trade war.
The focus is now on US non-farm payroll data, which is expected to increase by 160,000 in June, compared to 75,000 in May.
"When US yields are so low, you can't expect people to pour in and buy a dollar," said Junechi Ishikawa, senior foreign exchange strategist at IG Securities in Tokyo.
The greenback has fallen 3.5% against the Yen over the past three months amid growing expectations of a Fed rate cut at its July 30 meeting.
The administration of US President Donald Trump said it is scheduling a call with Chinese negotiators, marking the resumption of negotiations between the two countries.
Expectations for a smooth resolution to a dispute have weakened after Trump said any deal would have to side with the US.
The Euro is currently trading around 1.1287 USD. The Euro has weakened since IMF CEO Christine Lagarde was nominated as the next president of the European Central Bank.
The British pound is trading at $1.2580, down almost to a two-week low after signals of the Bank of England loosening monetary policy and the Brexit event.
