In the early morning of March 26 (Vietnam time), the State Bank announced the central exchange rate of Vietnamese Dong to USD at: 3 VND. The reference exchange rate at the SBV Exchange is currently buying at 23.230 VND and selling at 23.125 VND.
Commercial banks keep the popular USD foreign exchange rate at 23.010 VND (buy) and 23.190 VND (sell).
Vietcombank listed the exchange rate at: 23.010 VND/USD and 23.190 VND/USD. Vietinbank: 23.000 VND/USD and 23.200 VND/USD. ACB: 23.020 VND/USD and 23.180 VND/USD.
At the beginning of the trading session on March 26 (Vietnam time), the US Dollar Index (DXY), measuring fluctuations in the greenback with 3 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at level of 6 points.
USD exchange rate in the world today
The USD turned down in the last trading session, after touching 104,49 at the end of last week, the highest level since February 16.
US Federal Reserve Chairman Jerome Powell said last week that the US Central Bank is still on track to cut interest rates this year, even though inflation figures for January and February were higher than expected. ants.
At the beginning of the trading session on March 25 on the US market (night of March 3, Vietnam time), the US Dollar Index (DXY), measured the fluctuations of the greenback with a basket of 25 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at 3 points.
The USD in the international market continued to increase strongly and reached a 4-month peak after the US announced that the number of applications for unemployment benefits in the week ending March 20 dropped sharply to the lowest level since the emergence of the Covid pandemic. -3, there were only 19 thousand applications left, much lower than the forecast of 684 thousand applications.
Investors also hope for the US economic outlook when the vaccine is widely administered. In a recent statement, billionaire Bill Gates said that the world will return to normal by the end of 2022 thanks to the Covid-19 vaccine.
However, in the long term, the greenback is said to still be under downward pressure. The US continues to pump money into the economy. The US government recently passed a $1,9 trillion stimulus package to provide much-needed aid to American consumers. Looking ahead, Joe Biden's administration may add another $3 trillion for infrastructure investment.
The government's plans to improve healthcare, combat social inequality, combat climate change and provide further economic support to the economy through infrastructure spending will all be expensive programs.
The increase in the USD is also due to the decrease in many other key currencies, including the euro and the People's Republic of China.
