In the morning of May 22.5, the central exchange rate between VND and USD announced by the State Bank was 23.684 VND, up 4 VND compared to the last week. Particularly, the State Bank's Transaction Office maintained the purchase price of 23.400 VND/USD after it had decreased by 50 VND in the past week; spot selling price stood at 24.814 dong. Meanwhile, the USD price at commercial banks fluctuated in opposite directions. For example, Eximbank kept buying 23.240 dong, selling 23.620 dong. Vietcombank alone reduced 30 dong in both directions, bringing the buying price down to 23.260 dong and selling to 23.630 dong...
Free USD price decreased by more than 50 dong in the buying afternoon to 23.380 dong but increased slightly in the selling afternoon, to 23.480 dong. This brought the difference in the price of buying and selling USD for free back to 100 dong.
Free USD price on the morning of May 22.5 increased slightly in the afternoon of selling
The USD price today on the world market dropped slightly when the USD-Index dropped to 103,03 points, 0,2 points lower than last week. The USD-Index recorded a significant gain last week.
Speaking to Forbes recently, Esther Reichelt, currency strategist at Commerzbank, said that the recent strength of the dollar mainly comes from increased "safe-haven" demand against "hidden" risks. unpredictable numbers”. How serious are the loopholes in US regional banks and how the US debt ceiling war could have unpredictable consequences. The situation is more urgent for both sides as it approaches June 1.6 - the deadline that US Treasury Secretary Janet Yellen thinks the country will no longer be able to repay.
In addition, some worrying signs about global economic growth may also contribute to prompting investors to seek safe-haven channels. The latest figures this week show that China's economy has underperformed in April. This not only makes investors worried about China's economic prospects but also about the momentum of global economic growth.
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ECONOMIC MOVEMENT on May 22.5: Vietnam becomes more and more attractive in the eyes of foreign investors
