Foreign exchange rates, USD/VND exchange rate today, July 15, recorded the USD continuously going down, the Euro fluctuated in the opposite direction.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: 07/15/2024 09:57 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,748.67 | 16,917.85 | 17,460.57 |
| CANADIAN DOLLAR | CAD | 18,143.09 | 18,326.35 | 18,914.25 |
| SWISS FRANC | CHF | 27,640.73 | 27,919.93 | 28,815.59 |
| YUAN RENMINBI | CNY | 3,434.07 | 3,468.76 | 3,580.58 |
| DANISH KRONE | DKK | - | 3,640.71 | 3,780.12 |
| EURO | EUR | 26,960.85 | 27,233.18 | 28,439.11 |
| Sterling Pound | GBP | 32,100.38 | 32,424.62 | 33,464.79 |
| HONGKONG DOLLAR | HKD | 3,172.99 | 3,205.04 | 3,307.86 |
| INDIAN RUPEE | INR | - | 303.54 | 315.67 |
| YEN | JPY | 155.83 | 157.41 | 164.93 |
| KOREAN WON | KRW | 15.90 | 17.67 | 19.27 |
| KUWAITIAN DINAR | KWD | - | 83,030.79 | 86,350.13 |
| MALAYSIAN RINGGIT | MYR | - | 5,379.36 | 5,496.68 |
| NORWEGIAN KRONER | NOK | - | 2,316.89 | 2,415.26 |
| RUSSIAN RUBLE | RUB | - | 275.30 | 304.75 |
| SAUDI RIAL | SAR | - | 6,758.73 | 7,028.93 |
| SWEDISH KRONA | SEK | - | 2,359.70 | 2,459.89 |
| SINGAPORE DOLLAR | SGD | 18,453.92 | 18,640.32 | 19,238.30 |
| THAILAND | THB | 619.98 | 688.87 | 715.25 |
| US DOLLAR | USD | 25,207.00 | 25,237.00 | 25,457.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:30 a.m. on July 15, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,248 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: 25,215 VND - 25,465 VND.
Vietinbank : 25,135 VND - 25,445 VND.
 |
| Foreign exchange rates, USD/VND exchange rate today, July 15: USD 'plummeted' down, anchored right above the important support level. (Source: Reuters) |
Exchange rate developments in the world market
The Dollar Index (DXY), which measures the USD against six major currencies (Euro, JPY, GBP, CAD, SEK, CHF), stopped at 104.08.
The DXY index fell for a second consecutive week. Last week's decline was a result of the release of US inflation data on July 11.
The US consumer price index (CPI) rose 2.98% (year-on-year) in June. This was down from 3.25% (year-on-year) in May. Meanwhile, the core CPI rose 3.28% in June, down from 3.41% in May.
Cooling inflation data has reinforced market expectations that the US Federal Reserve (Fed) will soon cut interest rates.
Expectations for a 25 basis point rate cut rose to 90% after the inflation data was released, up sharply from 70% last week, according to CME's FEDWatch tool.
The DXY index is just above the important support level of 104. If it bounces back from this support level, a correction to 104.5 is possible. But given the sharp decline over the past two weeks, the downtrend is likely to continue in the short term.
The outlook is more bearish. So the market is expecting the DXY to break 104 and even fall to 103. A break below 103 could drag the index down to 102.
A drop to 103-102 could happen from current levels or after a short term rise to 104.5.
On the contrary, the Euro/USD index rose to 1.09 as expected. It hit a high of 1.0911 last week. Immediate support is at 1.0880-1.0860. The Euro could rise to 1.0950-1.0970 this week.
Price action will then need to be closely watched. A decisive break above 1.0970 would boost the upside momentum.
That would take the euro up to the 1.1050-1.11 zone. But a reversal from around 1.0970 could drag the currency back down to 1.09-1.0880.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-157-usd-cam-dau-di-xuong-neo-ngay-tren-muc-ho-tro-quan-trong-278685.html
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