In the morning of May 23.5, the central exchange rate between VND and USD announced by the State Bank was 23.670 VND, down 14 VND compared to yesterday. Particularly, the State Bank's Transaction Office on the first day of the week maintained the buying price at 23.400 dong/USD, but the spot selling price added 4 dong, to 24.818 dong. Meanwhile, the USD price at commercial banks simultaneously went down. For example, Eximbank reduced by 20 dong, bringing the buying price down to 23.220 dong, selling to 23.600 dong; Vietcombank reduced by 15 dong in both directions, bringing the buying price down to 23.245 dong and selling it to 23.615 dong...
The USD price was free to move sideways while maintaining the buying price of 23.380 dong and selling price of 23.480 dong. The selling price of USD at foreign currency exchange points is currently 120 - 135 VND lower than that of banks.
USD price on the morning of May 23.5 at banks went down
The international USD price dropped slightly when the USD-Index dropped to 103,25 points, up 0,22 points compared to yesterday. Investors are still waiting for an agreement on the US debt ceiling after US President Joe Biden and US House of Representatives Speaker Kevin McCarthy had a meeting on the afternoon of May 22.5 (US time_ to continue negotiations.
Meanwhile, according to Reuters, China left its benchmark lending rate unchanged on May 22.5, in line with market expectations. BEIJ . This caused the greenback to fall slightly against the yuan.
This week, the minutes of the May meeting of the US Federal Reserve (Fed) will be published tomorrow (May 5), which will partly help investors have more data to forecast the upcoming monetary policy. to this agency. The market is forecasting a 24.5% chance of interest rates being kept steady next month, but a 68,6% chance that the Fed will raise rates by 31.4 basis points. Interest rates rise or stay high will push the dollar up.
Besides, investors will wait for some information such as the second adjusted US GDP data for the first quarter of 1 to be announced on May 2023 and the measure of personal consumption expenditure (PCE) to be announced on May 2. 25.5…
