The US dollar price plummeted in the free market.

The free market USD price plummets.

This morning, foreign exchange bureaus in the free market are trading USD at a common buying price of 25,110 VND/USD, a decrease of 90 VND compared to yesterday.

The selling price of USD at foreign exchange bureaus also decreased by up to 100 dong compared to yesterday, down to 25,200 dong/USD.

Compared to the peak of 25,950-26,030 VND/USD (buying - selling) set on June 27th, the free market USD price has "evaporated" by over 800 VND in both buying and selling rates today.

The difference between buying and selling prices in the free market has narrowed to about 90 dong.

The State Bank of Vietnam announced the central exchange rate between the Vietnamese Dong and the US Dollar today at 24,212 VND/USD, a decrease of 12 VND compared to the previous session.

Yesterday, the central exchange rate decreased by 30 dong. Thus, over the last two trading sessions, the central exchange rate has been adjusted down by a total of 42 dong.

With a 5% margin, the USD/VND exchange rate that commercial banks are allowed to trade on August 28th will be within the range of 23,001-25,423 VND/USD.

Meanwhile, the buying and selling exchange rates remain listed by the State Bank of Vietnam's Exchange Department at 23,400-25,450 VND/USD.

Meanwhile, the USD exchange rate at some commercial banks saw a slight increase after two consecutive days of decline. Yesterday, the USD exchange rate at some banks fell below 25,000 VND/USD.

This morning, VietinBank is buying and selling USD at 24,665-25,005 VND/USD, an increase of 16 VND in both buying and selling rates compared to the end of yesterday afternoon (August 27).

Meanwhile, Vietcombank is trading USD cash at 24,630 VND/USD for buying and 25,000 VND/USD for selling (buy - sell), unchanged from the rates listed at the end of yesterday afternoon.

In the private joint-stock commercial banking sector, the USD exchange rate at some banks was adjusted upwards, while at others it remained unchanged.

Techcombank this morning bought cash USD at 24,648 VND/USD and sold it at 25,039 VND/USD, an increase of 14 VND in both directions compared to yesterday afternoon.

This morning, Sacombank listed the USD exchange rate at 24,660-25,000 VND/USD (buying rate - selling rate), unchanged from the end of yesterday afternoon.

Compared to the free market, the buying price of USD at banks is 500 VND lower, while the selling price is 200 VND lower.

On the global market, the USD is trending upwards after falling to its lowest level in over a year.

The US Dollar Index (which measures the fluctuations of the US dollar against six major currencies) was at 100.74 points at 10:49 AM on August 28th (Vietnam time), up 0.18% from the previous session.

TH (according to Vietnamnet)

Source: https://baohaiduong.vn/gia-usd-tren-thi-truong-tu-do-lao-doc-391551.html