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USD cools down, Japanese Yen adds "alarm"

Báo Quốc TếBáo Quốc Tế20/11/2024

Foreign exchange rate, USD/VND exchange rate today, November 20, although recorded to cool down, is still anchored above 106.


Foreign exchange rate update table - Vietcombank USD exchange rate today

1. VCB - Updated: 11/20/2024 08:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
AUSTRALIAN DOLLAR AUD 16,083.48 16,245.94 16,767.12
CANADIAN DOLLAR CAD 17,656.23 17,834.58 18,406.72
SWISS FRANC CHF 28,036.49 28,319.69 29,228.19
YUAN RENMINBI CNY 3,422.23 3,456.80 3,567.69
DANISH KRONE DKK - 3,541.10 3,676.70
EURO EUR 26,217.37 26,482.19 27,654.88
Sterling Pound GBP 31,357.35 31,674.09 32,690.20
HONGKONG DOLLAR HKD 3,181.93 3,214.07 3,317.18
INDIAN RUPEE INR - 300.24 312.25
YEN JPY 158.83 160.43 168.06
KOREAN WON KRW 15.78 17.53 19.02
KUWAITIAN DINAR KWD - 82,565.40 85,866.18
MALAYSIAN RINGGIT MYR - 5,630.15 5,752.94
NORWEGIAN KRONER NOK - 2,259.80 2,355.74
RUSSIAN RUBLE RUB - 242.43 268.37
SAUDI RIAL SAR - 6,750.31 6,998.42
SWEDISH KRONA SEK - 2,280.65 2,377.48
SINGAPORE DOLLAR SGD 18,493.49 18,680.29 19,279.56
THAILAND THB 649.13 721.26 748.88
US DOLLAR USD 25,175.00 25,205.00 25,507.00

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 7:00 a.m. on November 20, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,293, up 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: 25,175 - 25,507 VND.

Vietinbank : 25,250 - 25,507 VND.

(Nguồn: Getty Images)
Foreign exchange rates, USD/VND exchange rate today, November 20: USD cools down, Japanese Yen raises more 'alarms'. (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) decreased by 0.08% to 106.19.

The DXY index continued to cool down, after rising to 106.63 in early trading, while the EUR fell 0.12% to $1.0586.

The Japanese yen was unchanged at 154.68 yen per dollar, after rising as much as 0.91 percent against the greenback.

The Japanese currency was last up 0.11% at 163.74 against the euro after rising to a six-week high of 161.50.

The dollar has gained as much as 9 percent against the yen since the start of October, reaching 156.74, rising above 156 for the first time since July and raising the possibility that the Japanese government could once again intervene to support its currency.

In another development, the Russian Ruble fell 0.83% against the greenback, to 100.571.

The DXY index rose on growing expectations that the US Federal Reserve (Fed) may slow the pace of future interest rate cuts, along with concerns that policies implemented by US President-elect Donald Trump could spark inflation.

Expectations of a rate cut have declined in recent weeks.

Accordingly, the market is now pricing in a 59.1% chance that the Fed will cut 25 basis points at its policy meeting in December, down from 76.8% a month ago, according to CME's FedWatch Tool.

Kansas City Fed President Jeffrey Schmid said it's still uncertain how far rates can go, but the Fed's recent cuts show confidence that inflation is moving toward its 2% target.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-2011-usd-ha-nhiet-yen-nhat-them-bao-dong-294307.html

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