Exchange rate
Foreign exchange rate 29.5: Confidence increases, USD is firmly anchored high
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The foreign exchange rate today (May 29) continues to have a slight upward trend. Despite a sharp decline in 10-year US bond yields, USD prices remained strong as the Euro weakened.
Foreign exchange rate 28.5: USD has not cooled down, Euro decreased, Bitcoin skyrocketed
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Today's foreign exchange rate (May 28) opened the trading session with an upward trend. The USD in the world market increased after the results of the European Union Parliamentary election were announced. In Vietnam, the USD listed at Vietcombank is at VND 23,450.
Dr. Can Van Luc: "A 2-3% exchange rate increase in 2019 is acceptable"
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The US-China trade war has led to major fluctuations in the international foreign exchange market. Accordingly, the value of the USD tends to increase, the CNY decreases. So what will happen to Vietnam's exchange rate and interest rate in the coming time?
Foreign exchange rate 27.5: USD increases to 23,465 VND, Euro strengthens
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The foreign exchange rate today (May 27) was quite stable in the first trading session of the week. The USD exchange rate listed at Vietcombank in the morning session increased to VND 23,465. The Euro rose slightly after hitting a 4.5 month low after the UK Prime Minister resigned.
Foreign exchange rate 26.5: yuan plummets, USD anchors high
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The foreign exchange rate today (May 26) fluctuated slightly. The yuan is depreciating as the US-China trade war escalates. Experts are concerned that China could sell a large amount of its Treasury reserves and see this as a negotiation strategy against the United States.
Foreign exchange rate 25.5: Expectations of FED reducing interest rates, USD falling, British pound skyrocketing
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The foreign exchange rate today (May 25.) fluctuated slightly. The USD depreciates against other major currencies. Investors expect the Fed to cut interest rates to support the US economy and make up for the damage caused by the US-China trade war. The news of the British Prime Minister's sudden resignation immediately pushed the British pound up sharply.
Foreign exchange rate 24.5: Unexpected factor, USD falls out of 2-year peak
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The foreign exchange rate today (May 24.5) increased slightly from 10-25 VND. Meanwhile, in the world, the USD fell from a 2-year high after the news of the US government bond yield decreasing.
Foreign exchange rate 23.5: US bans Huawei, USD and Yen increase
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Although the foreign exchange rate today (May 23) decreased slightly, it is still at a high level (23,450 VND). In the world market, US President Donal Trump's strong moves against China have pushed the Japanese USD and Yen up.
Foreign exchange rate 22.5: USD increases to nearly 4-week peak, shows no signs of decreasing
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The foreign exchange rate today (May 22) continues to stay high. The USD on the international market jumped high to near a 4-week peak. The USD price listed at banks is still fluctuating around VND 23,450.
Foreign exchange rate 21.5: Pressure is pressing, USD skyrockets VND23,465
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The foreign exchange rate today (May 21) continues to increase strongly. Listed bank exchange rates increased by 10-20 VND. World USD prices skyrocketed to a 2.5-week peak. Information that many US companies and Google have stopped cooperating with Huawei has strongly affected the stock market and pushed the USD up.
What caused the USD/VND exchange rate to "jump" last week?
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The USD/VND exchange rate fluctuated quite strongly last week. Political instability in the world such as the US-China trade war and the Brexit event in the UK have a significant impact on foreign exchange rates.
Foreign exchange rate 20.5: USD anchored at 23,450 VND, Australian Dollar increased sharply
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The foreign exchange rate today (May 20) continues to remain stable at a high level. In which VietinBank and Vietcombank both listed USD prices at high levels, respectively 23,347 - 23,410 VND (buy - sell) and 23,330 - 23,410 (buy - sell).
Foreign exchange rate 19.5: Overcoming pressure, USD remains high
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The foreign exchange rate today (May 19) increased in the trading session at the end of the week. In the domestic market, the USD listed at Vietcombank is currently at VND23,395-23,410/USD.
Foreign exchange rate 18.5: Unstable, USD price skyrockets at the end of the week
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The foreign exchange rate today (May 18) increased in the trading session at the end of the week. In the domestic market, the USD price increased by 75 VND in both buying and selling directions. The free USD price is currently at 23,410 (selling).
Foreign exchange rate 17.5: USD increases to 2-week peak, Euro decreases slightly
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The foreign exchange rate today (May 17) was greatly affected by positive information from the US economy. USD prices are currently anchored at their highest level in the past 2 weeks.