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Bank USD price increases sharply, surpassing 24,500 VND

VietNamNetVietNamNet18/09/2023


Today, September 18, the central exchange rate was adjusted up. The central exchange rate announced by the State Bank today is 24,046 VND/USD, up 10 VND compared to the trading session last weekend (September 15). This is the highest level of the central exchange rate ever.

Applying a 5% margin, commercial banks are allowed to trade at today's ceiling rate of VND25,248/USD and the floor rate of VND22,844/USD.

The reference buying rate today is maintained by the State Bank of Vietnam at 23,440 VND/USD. The reference selling rate increased by 11 VND compared to last weekend, to 25,198 VND/USD.

In line with the trend, the USD/VND exchange rate at commercial banks today all increased by more than 100 VND compared to the trading session at the end of last week (September 15). The USD selling price at banks simultaneously exceeded 24,500 VND/USD.

USD bank price increases sharply, surpassing 24,500 VND (Photo: Hoang Ha)

Specifically, at the end of today's session, Vietcombank listed the USD price at 24,160-24,530 VND/USD (buy - sell), an increase of 105 VND/USD in both buying and selling compared to the afternoon of September 15.

At the same time, Vietinbank traded USD at 24,131 VND/USD (buy) and 24,551 VND/USD (sell), an increase of 124 VND/USD in both directions compared to the afternoon of September 15.

Techcombank buys USD at 24,198 VND/USD and sells at 24,560 VND/USD. Compared to the afternoon of September 15, the USD price at Techcombank this afternoon increased by 115 VND/USD for buying and 128 VND/USD for selling.

Sacombank listed the USD price at 24,175-24,530 VND/USD (buy - sell), an increase of 123 VND/USD for buying and 125 VND/USD for selling compared to the afternoon of September 15.

In the free market, the USD price today (September 18) is commonly traded around 24,220-24,280 VND/USD (buy - sell), an increase of 40 VND in the buying price and an increase of 20 VND in the selling price compared to the previous session.

Thus, the USD selling price at commercial banks is more than 250 VND/USD higher than the USD selling price in the free market.

In the international market, the USD price today tends to slow down after a sharp increase. However, the US Dollar Index (DXY) - measuring the fluctuations of the US dollar compared to a basket of 6 major currencies - still maintains the 105 point level. The DXY index at 5:27 p.m. today (September 18, Vietnam time) was at 105.21 points, down 0.11% compared to the previous session.

USD bank price exceeds 24,400 VND, central exchange rate reaches historic peak USD price at commercial banks today increased sharply, exceeding 24,400 VND/USD in selling direction, reaching the highest level since the beginning of the year. The central exchange rate also increased rapidly, reaching the highest level in history.


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