USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... US economy strengthens the greenback

Foreign exchange rates today, September 20: USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... The US economy strengthens the greenback, causing it to increase slightly. On the contrary, EUR and Japanese Yen decreased.

Tỷ giá ngoại tệ hôm nay 20/9: Tỷ giá USD, EUR, CAD, Yen Nhật, Bảng Anh, tỷ giá hối đoái... Kinh tế Mỹ củng cố sức mạnh cho đồng bạc xanh tăng

Foreign exchange rates today, September 20: USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... The US economy strengthens the greenback, causing it to increase slightly. (Source: Reuters)

The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) was announced by the State Bank on the morning of September 20 at 24,079, an increase of 19 VND compared to yesterday.

Domestic market: At Commercial Banks on the morning of September 20, specifically as follows:

Vietcombank :

The buying USD exchange rate is 24,175, an increase of 15 VND/USD, the selling rate is 24,545 VND/USD, also an increase of 15 VND/USD compared to the previous day.

The EUR exchange rate for buying is 25,357 VND/USD, up to 53 and selling is 26,775 VND/USD, up 56 compared to the end of last week.

BIDV Bank:

The buying USD exchange rate is 24,250 VND/USD, up 30 VND, the selling rate is 24,550 VND/USD, also up 30 VND/USD compared to the previous day.

EUR exchange rate for buying is 25,586 VND/USD, up 27 VND/USD; selling is 26,788 VND/USD, up 25 VND/USD compared to the previous day.

STT	Currency code	Currency name	Bank rate commerce Buy	Bank rate commerce Sell	*State Bank exchange rate Apply import and export from September 14-20
1	EUR	Euro	25,357.64	25,613.78	25,768.23
2	JPY	Japanese Yen	160.86	162.49	162.92
3	GBP	British Pound	29,390.35	29,687.22	29,895.37
4	AUD	Australian Dollar	15,268.73	15,422.96	15,361.6
5	CAD	Canadian Dollar	17,627.73	17,805.78	17,688.91
6	RUB	Russian Ruble	241.16	266.98	252.94
7	KRW	Korean Won	15.87	17.63	18.05
8	INR	Indian Rupee	291.86	303.55	289.31
9	HKD	Hong Kong Dollar (China)	3,039.26	3,069.95	3,066.02
10	CNY	Chinese Yuan China	3,271.31	3,411.10	3,296.11

(Source: State Bank, other commercial banks)

Exchange rate developments in the world market

In the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.07% to 105.13.

The greenback exchange rate in the world today increased slightly, as did the British Pound; on the contrary, the Euro and the Japanese Yen decreased.

Specifically, the USD increased very slightly, almost flat in the last trading session, as traders were "holding their breath" waiting for a series of interest rate decisions from central banks this week, including the US Federal Reserve (Fed).

The strength of the US economy has underpinned the greenback in recent weeks, although the rally is likely to be dominated by a slew of data and the Fed's interest rate decision on September 20.

Traders expect the Fed to keep interest rates unchanged at its upcoming meeting, according to the CME FedWatch tool. However, with the dollar having rallied in recent weeks, it may take a stronger catalyst for the currency to break higher.

“The market may need more support to push the dollar higher at this point,” said Shaun Osborne, currency strategist at Scotia Bank.

Elsewhere, the dollar was under pressure against the euro after a report on September 19 suggested the European Central Bank (ECB) may soon begin discussions on how to deal with excess bank liquidity worth trillions of euros, potentially helping to boost the value of the currency. The euro fell more than 0.1% to $1.06805, after hitting $1.0718.

The Japanese yen fell 0.16% against the greenback, currently at 147.85/USD, ahead of the Bank of Japan's policy meeting later this week; meanwhile, the British pound rose 0.08% to $1.2395, hovering near a three-month low, ahead of the Bank of England's interest rate decision tomorrow, September 21.

Source