Central rate continues to decrease

On August 28, the central exchange rate at the State Bank decreased by 5 VND to 25,268 VND/USD. According to the prescribed trading band of ±5%, the ceiling exchange rate is 26,531 VND/USD, the floor exchange rate is 24,005 VND/USD.

At commercial banks, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ) listed the USD exchange rate at 26,171 VND/USD (buy) - 26,531 VND/USD (sell).

Compared to August 27, the exchange rate at Vietcombank increased slightly by 1 VND in both buying and selling directions, while at BIDV, the buying price decreased by 14 VND and the selling price decreased by 5 VND.

The central rate continues to decrease. Illustrative photo

Meanwhile, the Euro exchange rate continued to increase, with the cash buying price set at 29,910.71 VND/EUR (up 11.77 VND); the transfer buying price was 30,212.84 VND/EUR (up 11.89 VND), and the selling price reached 31,487.5 VND/EUR (up 12.41 VND).

In the same upward direction, the British Pound recorded a significant increase with the cash buying price: 34,683.06 VND/GBP, an increase of 61.34 VND; the transfer buying price: 35,033.4 VND/GBP, an increase of 61.97 VND and the selling price: 36,155.23 VND/GBP, an increase of 63.98 VND.

Besides the major foreign currency group, most of the other currencies in the exchange rate table also increased and decreased inconsistently. In particular, the Singapore dollar, Canadian dollar, Swiss franc, Norwegian krone, Saudi riyal, and Swedish krone all increased in both trading directions. On the contrary, some currencies such as the Hong Kong dollar, Chinese yuan, and Malaysian riyal tended to decrease slightly.

In the world , the USD Index - a measure of the strength of the USD compared to 6 key currencies (EUR, JPY, GBP, CAD, SEK, CHF) fell to 98 points.

The USD exchange rate in the free market this morning turned down sharply in both buying and selling compared to the previous session. In the Hanoi market, the USD traded (buying - selling) at around 26,638 - 26,728 VND/USD, down 24 VND/USD in buying and down 4 VND/USD in selling compared to the previous session.

Source: https://hanoimoi.vn/ty-gia-trung-tam-tiep-tuc-giam-714315.html