The free USD price is the highest ever, surpassing the 26,000 VND mark.

Free USD price increased sharply

While the USD exchange rate at commercial banks remained stable, the free market USD rate surged and set a new record, surpassing 26,000 VND/USD.

Foreign exchange bureaus in the free market early this morning (June 27) traded USD at a common rate of 25,950-26,030 VND/USD (buying - selling) - the highest level ever recorded.

Compared to the previous session, the free market USD price increased by 70 dong in both buying and selling rates.

According to analysts, the recent sharp increase in the USD price is due to the strength of the USD in the international market. In addition, it is also due to the demand for USD to import gold through border trade, given that domestic gold prices are 3-5 million VND/ounce higher than world prices .

Meanwhile, the USD price in the official market is trending downwards.

The State Bank of Vietnam announced the central exchange rate for June 27th at 24,264 VND, an increase of 6 VND compared to the previous session.

Applying a 5% margin, commercial banks are allowed to trade today at a ceiling exchange rate of 25,477 VND/USD and a floor exchange rate of 23,050 VND/USD.

The buying and selling rates are still being maintained by the State Bank of Vietnam's Exchange Department within the trading range of 23,400-25,450 VND/USD.

The buying price of USD at commercial banks fluctuated within a narrow range, with some increasing and others decreasing. Meanwhile, the selling price of USD was consistently set at the maximum allowed level by the banks.

Early this morning, Vietcombank listed the cash USD exchange rate at 25,227 VND/USD for buying and 25,477 VND/USD for selling (buy - sell), an increase of 7 VND in both buying and selling rates compared to yesterday morning (June 26).

This morning, VietinBank is buying and selling USD at 25,257-25,477 VND/USD, an increase of 22 VND in the buying rate and 7 VND in the selling rate compared to yesterday morning.

Among private joint-stock commercial banks, Techcombank bought cash USD at 25,241 VND/USD and sold it at 25,477 VND/USD, a decrease of 5 VND in the buying rate but an increase of 7 VND in the selling rate compared to the morning of June 26th.

Meanwhile, Sacombank listed the USD exchange rate at 25,279-25,477 VND/USD (buying - selling), a decrease of 1 VND in the buying rate but an increase of 7 VND in the selling rate compared to yesterday morning.

The buying price of USD at banks is currently about 700 VND lower, while the selling price is 553 VND lower than in the free market.

On the global market, the USD price cooled down today after a sharp increase in the previous session.

The US Dollar Index (which measures the fluctuations of the US dollar against six major currencies) was at 105.96 points at 10:31 AM on June 27th (Vietnam time), down 0.09% from the previous session.

TH (according to Vietnamnet)

Source: https://baohaiduong.vn/gia-usd-tu-do-cao-nhat-tu-truoc-den-nay-vuot-moc-26-000-dong-385734.html