On the morning of July 14, the central exchange rate announced by the State Bank was 25,126 VND/USD, down 2 VND compared to the end of last week. With a margin of +/-5%, the floor and ceiling exchange rates that commercial banks are allowed to trade are 23,869 VND/USD - 26,382 VND/USD.
The reference exchange rate at the State Bank of Vietnam is 23,920 VND/USD (buy) - 26,332 VND/USD (sell).
At commercial banks, the Joint Stock Commercial Bank for Foreign Trade of Vietnam ( Vietcombank ) listed the USD price at 25,900 VND/USD (buy) - 26,290 VND/USD (sell), unchanged from the session at the end of last week. Meanwhile, the Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank) listed 25,935 VND/USD (buy) - 26,295 VND/USD (sell), up 150 VND in the buying price and unchanged in the selling price.
In the free market, the exchange rate decreased quite sharply, commonly traded at 26,363 VND/USD (buy) - 26,433 VND/USD (sell), down 37 VND for buying and 57 VND for selling.
In the international market, the USD Index - a measure of the strength of the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) opened the first session of the week at 97.5 points.
Although the DXY index has recovered from the bottom of nearly 96.30 - 96.40 points compared to early July, the USD is still affected by policy uncertainties, especially new US tariffs. The US Federal Reserve (FED) is expected to keep interest rates unchanged at the upcoming meeting, at 4.25 - 4.5%.
Source: https://hanoimoi.vn/ty-gia-usd-tren-thi-truong-tu-do-giam-manh-709038.html
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