USD exchange rate increased slightly again at the beginning of the week

In the first trading session of the new week (September 22), the central exchange rate announced by the State Bank increased slightly by 3 VND compared to the end of last week, listed at 25,189 VND/USD.

According to the regulated trading band of ±5%, the ceiling exchange rate that banks are allowed to trade is 26,448 VND/USD, the floor exchange rate is 23,930 VND/USD. The reference exchange rate at the State Bank's Transaction Office is currently 23,977 VND/USD (buy) - 26,395 VND/USD (sell).

Exchange rate slightly decreased in the first session of the week. Illustrative photo

At commercial banks, Joint Stock Commercial Bank for Foreign Trade of Vietnam ( Vietcombank ) listed the USD exchange rate: 26,208 VND/USD (buy) - 26,448 VND/USD (sell), an increase of 23 VND in the buying price and an increase of 3 VND in the selling price compared to the closing price at the end of last week.

Meanwhile, at the Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ), the USD exchange rate decreased by 5 VND in buying and increased by 3 VND in selling, listed at: 26,200 VND/USD (buying) - 26,448 VND/USD (selling).

For the free market, the USD exchange rate remains unchanged in both buying and selling directions, commonly traded at: 26,465 VND/USD (buying) - 26,565 VND/USD (selling).

In the US market, the USD Index, which measures the greenback's movements against six other major currencies in the international currency basket, stood at 97.65 points. Previously, the index had dropped to 96.2 points, the lowest level in three years.

If this index "breaks through" the bottom mark of 96.21 points established on September 17, there is a risk of sliding deep into the support zones of 95.13 (February 2022) and 94.62 (January 2022).

On the contrary, to maintain the uptrend, DXY needs to surpass the 100.26 mark of August, then head towards the more important peaks of 100.54 and 101.97 set in May. The USD is still in a tug-of-war situation, depending heavily on macroeconomic management policies as well as international market sentiment.

Source: https://hanoimoi.vn/ty-gia-usd-tang-nhe-tro-lai-trong-dau-tuan-716860.html