Foreign exchange rates, USD/VND exchange rate today, October 24, recorded the greenback on track to reach its 16th increase in 18 sessions and its fourth consecutive week of increase.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: October 24, 2024 09:28 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,440.01 | 16,606.08 | 17,138.80 |
| CANADIAN DOLLAR | CAD | 17,912.93 | 18,093.87 | 18,674.33 |
| SWISS FRANC | CHF | 28,583.37 | 28,872.09 | 29,798.31 |
| YUAN RENMINBI | CNY | 3,475.64 | 3,510.75 | 3,623.37 |
| DANISH KRONE | DKK | - | 3,607.43 | 3,745.57 |
| EURO | EUR | 26,710.07 | 26,979.87 | 28,174.60 |
| Sterling Pound | GBP | 32,001.08 | 32,324.33 | 33,361.30 |
| HONGKONG DOLLAR | HKD | 3,187.58 | 3,219.78 | 3,323.07 |
| INDIAN RUPEE | INR | - | 301.42 | 313.47 |
| YEN | JPY | 160.64 | 162.26 | 169.98 |
| KOREAN WON | KRW | 15.91 | 17.68 | 19.19 |
| KUWAITIAN DINAR | KWD | - | 82,781.19 | 86,090.60 |
| MALAYSIAN RINGGIT | MYR | - | 5,785.64 | 5,911.82 |
| NORWEGIAN KRONER | NOK | - | 2,270.33 | 2,366.72 |
| RUSSIAN RUBLE | RUB | - | 251.90 | 278.85 |
| SAUDI RIAL | SAR | - | 6,747.80 | 7,017.56 |
| SWEDISH KRONA | SEK | - | 2,352.09 | 2,451.95 |
| SINGAPORE DOLLAR | SGD | 18,739.79 | 18,929.08 | 19,536.33 |
| THAILAND | THB | 664.70 | 738.56 | 766.84 |
| US DOLLAR | USD | 25,203.00 | 25,233.00 | 25,473.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:50 a.m. on October 24, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,240 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,402 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank: 25,062 - 25,452 VND
Vietinbank : 25,070 - 25,452 VND.
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| Foreign exchange rates, USD/VND exchange rate today October 24: US economy 'pushes the boat' USD to increase rapidly. (Source: Getty Images) |
Exchange rate developments in the world market
Meanwhile, in the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) was at 104.42, up 0.35%.
The dollar rose above 153 against the Japanese yen for the first time in nearly three months, helped by the strength of the US economy and the divergence between the pace of interest rate cuts by major central banks.
The greenback was on track for its 16th gain in 18 sessions and fourth straight weekly gain as a slew of upbeat economic data dampened expectations for the size and pace of interest rate cuts from the Federal Reserve, which has pushed U.S. Treasury yields higher.
The yield on the benchmark 10-year U.S. Treasury note rose 3.4 basis points to 4.24 percent, after hitting a three-month high of 4.26 percent. After falling for five straight months, the 10-year yield rose about 40 basis points in October.
Investors are also awaiting the US presidential election on November 5.
The DXY index hit 104.57 at one point, its highest level since July 30.
The euro fell 0.18% to $1.0778 after falling to $1.076, its lowest since July 3. The pound weakened 0.49% to $1.2919.
Recent comments from Fed officials suggest the bank will take a gradual approach in cutting interest rates.
Markets are currently pricing in an 88.9% chance of a 25 basis point cut at the Fed's November meeting, with an 11.1% chance the central bank leaves rates unchanged, according to the CME's FedWatch Tool.
The upcoming US presidential election also continues to drive currency moves, as market expectations have increased in recent days for a victory by Republican presidential candidate and former President Donald Trump, which is likely to bring policies such as tariffs.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-2410-kinh-te-my-day-thuyen-usd-tang-nhanh-291096.html
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