VND/USD exchange rate increased slightly in the official market

At commercial banks, the exchange rate increased by 5-10 VND depending on the bank. Specifically, the listed exchange rate at the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is 25,810 VND/USD (buy) - 26,200 VND/USD (sell). At the Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ) it is 25,840 VND/USD (buy) - 26,200 VND/USD (sell).

The exchange rate increased slightly this morning.

In the "black market", at 9:00 a.m., the USD price remained unchanged in both buying and selling directions compared to the session on April 27, commonly around 26,390 - 26,490 VND/USD.

In the global market, the DXY index, which measures the US dollar against other major currencies, tried to break through the psychological threshold of 100 points for the second consecutive week, from a low of 97.92 points but failed. The price action in the second half of last week showed that the overall bearish outlook for the DXY index continued to be maintained.

On the other hand, EUR/USD has fallen sharply from a high of 1.1573. Current support is in the 1.13 - 1.127 zone. However, it is unlikely that the index will fall below 1.115. The EUR may rebound from the 1.117 - 1.115 support zone. Looking at the big picture, the EUR is likely to target 1.2 in an upward trend in the coming months.

Source: https://hanoimoi.vn/ty-gia-vnd-usd-tang-nhe-tren-thi-truong-chinh-thuc-700608.html