Bank USD price hits 26,400 VND, highest ever

On the afternoon of July 29, the bank recorded the USD exchange rate at over 26,400 VND/USD, the highest level ever.

Meanwhile, the State Bank listed the central exchange rate at 25,206 VND/USD, up 24 VND compared to the morning of July 28. The reference exchange rate at the State Bank's Exchange is 23,996 - 26,416 VND/USD (buy - sell).

With a margin of 5%, commercial banks are allowed to buy and sell USD in the range of 23,946 - 26,466 VND/USD.

On the morning of July 29, banks also simultaneously raised the USD price to its highest level ever. Specifically, Vietcombank listed it at 26,010 - 26,400 VND; Vietinbank traded at 26,031 - 26,391 VND/USD; ACB traded at 26,020 - 26,400 VND/USD...

Bank USD exchange rate sets all-time high. (Illustration photo)

In the free market, the USD price also recorded a transaction price exceeding 26,400 VND/USD. Some foreign exchange points are currently listing the USD price around 26,380 - 26,460 VND/USD, this price has not recorded any fluctuations compared to early this morning.

In the world market, at 2:40 p.m. on July 29, the USD Index (DXY), a measure of the greenback's strength against other major currencies, increased to 98.82 points, equivalent to an increase of 0.33%.

The US dollar started to gain ground yesterday (July 28) after the US and the European Union (EU) reached a trade deal, ahead of this week's Federal Reserve meeting.

US President Donald Trump and European Commission President Ursula von der Leyen announced the deal in Scotland over the weekend, with an agreement to impose a 15% import tariff on EU goods, half the level they had threatened to impose early next month.

Mr Trump added that the EU also plans to invest about $600 billion in the US and significantly increase purchases of US energy and military equipment.

The pact is similar to one reached with Tokyo negotiators last week, under which Japan would invest about $550 billion in the United States and face 15 percent tariffs on cars and other imports.

As concerns about the economic fallout from punitive tariffs ease, investor attention is turning to key economic data and central bank meetings in the coming days, especially those of the US Federal Reserve.

Thanh Lam

Source: https://vtcnews.vn/gia-usd-ngan-hang-cham-26-400-dong-cao-nhat-tu-truoc-den-nay-ar956868.html