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Free market up all week despite bank decline

Báo Thanh niênBáo Thanh niên02/06/2024


On the morning of June 2, the domestic USD price recorded a week of simultaneous decrease. On the weekend, the State Bank announced the central exchange rate between the Vietnamese Dong and the USD at 24,261 VND, down 3 VND compared to the end of last week. Similarly, the USD price at commercial banks also decreased after a week. Specifically, the USD price at Vietcombank was bought by transfer at 25,254 VND and sold at 25,474 VND, down 23 VND in the buying direction and down 3 VND in the selling direction; Eximbank also increased and decreased by 10 VND in the buying direction, down to 25,250 VND and decreased by 4 VND in the selling direction, down to 25,473 VND during the week...

The free USD price was bought at 25,760 VND and sold at 25,830 VND, down slightly by 5 VND compared to yesterday. However, overall, the free USD price increased by 20 - 30 VND throughout the week.

Giá USD hôm nay 2.6.2024: Thị trường tự do tăng suốt tuần dù ngân hàng giảm- Ảnh 1.

Free USD price records a week of increase

On the contrary, the euro price increased again during the week. For example, Vietcombank bought cash at 26,845 VND and sold at 28,317 VND, up 36 - 38 VND compared to the end of last week. Similarly, the Japanese yen also increased slightly, with Vietcombank buying at 157.44 VND and selling at 166.63 VND, 157.13 VND, adding 0.3 - 0.4 VND after a week...

Speaking to National Assembly deputies this week about solutions to cool down exchange rates, State Bank Governor Nguyen Thi Hong said that many currencies in the region have depreciated at a relatively high rate. For the State Bank, in the current volatile world economic environment, exchange rates sometimes increase and sometimes decrease is completely normal. The State Bank also closely monitors market developments so that businesses can be assured of the Government's management...

The world USD price continues to move sideways at a low level. The USD-Index is at 104.57 points, down slightly by 0.18 points compared to the end of last week. Recently, David Solomon - CEO of Goldman Sachs - predicted that the US Federal Reserve (Fed) will not reduce interest rates in 2024. If interest rates remain high, it will support the USD to rise.



Source: https://thanhnien.vn/gia-usd-hom-nay-262024-thi-truong-tu-do-tang-suot-tuan-du-ngan-hang-giam-185240602074445305.htm

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