Foreign exchange rates, USD/VND exchange rate today, November 12, recorded an increase in the USD, while the EUR fell to its lowest level in nearly 7 months compared to the greenback.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: 11/12/2024 07:59 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,228.27 | 16,392.20 | 16,918.18 |
| CANADIAN DOLLAR | CAD | 17,718.70 | 17,897.67 | 18,471.96 |
| SWISS FRANC | CHF | 28,118.76 | 28,402.79 | 29,314.16 |
| YUAN RENMINBI | CNY | 3,432.21 | 3,466.88 | 3,578.12 |
| DANISH KRONE | DKK | - | 3,565.71 | 3,702.27 |
| EURO | EUR | 26,394.67 | 26,661.29 | 27,842.10 |
| Sterling Pound | GBP | 31,813.14 | 32,134.48 | 33,165.59 |
| HONGKONG DOLLAR | HKD | 3,171.85 | 3,203.89 | 3,306.69 |
| INDIAN RUPEE | INR | - | 298.99 | 310.95 |
| YEN | JPY | 159.21 | 160.82 | 168.47 |
| KOREAN WON | KRW | 15.69 | 17.43 | 18.92 |
| KUWAITIAN DINAR | KWD | - | 82,154.15 | 85,439.08 |
| MALAYSIAN RINGGIT | MYR | - | 5,682.11 | 5,806.07 |
| NORWEGIAN KRONER | NOK | - | 2,248.23 | 2,343.70 |
| RUSSIAN RUBLE | RUB | - | 246.68 | 273.08 |
| SAUDI RIAL | SAR | - | 6,717.13 | 6,985.71 |
| SWEDISH KRONA | SEK | - | 2,286.42 | 2,383.51 |
| SINGAPORE DOLLAR | SGD | 18,550.51 | 18,737.89 | 19,339.14 |
| THAILAND | THB | 651.40 | 723.78 | 751.50 |
| US DOLLAR | USD | 25,086.00 | 25,116.00 | 25,476.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:00 a.m. on November 12, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,278 VND, down 5 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,450 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank: 25,086 - 25,476 VND.
Vietinbank : 24,985 - 25,476 VND.
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| Foreign exchange rates, USD/VND exchange rate today, November 12: USD jumps, EUR is weighed down by worries from the US. (Source: Getty Images) |
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 0.50% to 105.50.
The US dollar rose, while the euro fell to a near seven-month low against the greenback.
The EUR was weighed down by investor concerns about the White House's potential tariffs and their impact on the eurozone economy.
The common European currency has weakened slightly since Donald Trump won the US presidential election last week, raising concerns about the possibility of tariffs when he takes office.
“What’s happening today is just an extension or continuation of what’s been happening since the US presidential election,” said Eugene Epstein, director of trading at Moneycorp in New Jersey.
Accordingly, the common European currency fell 0.61% to 1.0654 USD. This currency at one point fell to 1.0629, the lowest level since mid-April this year.
Meanwhile, the DXY index surpassed its highest level recorded immediately after the US presidential election, as the market still waited for clarity on future US policy. The DXY index reached 105.70 at one point, its highest level since July.
Last week, the index rose more than 1.5% to 105.44, following the results of the US presidential election.
Specifically, Republican candidate Donald Trump declared victory after the US presidential election on November 5 (local time). A comprehensive victory for the Republican Party will allow the party to make larger legislative changes, bringing about greater monetary impacts.
Measures expected to be taken by US President-elect Donald Trump will include tariffs and tax cuts, which are expected to put upward pressure on inflation and bond yields, while limiting the scope for easing of the US Federal Reserve's interest rate policy and supporting the greenback.
In a similar move, the US dollar also rose 0.69% against the Japanese yen to 153.69, after being pulled down from last week's high of 154.70 due to the risk of intervention by the Japanese government.
On November 6, the greenback hit 154.68 against the Japanese yen, its highest level since July.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-1211-usd-bat-nhay-eur-bi-de-nang-boi-noi-lo-tu-my-293394.html
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