On March 11, the State Bank of Vietnam posted the central exchange rate of the Vietnamese Dong against the US Dollar as follows:
| Central rate | Exchange rate |
| 1 USD = | 23,639 VND |
Exchange rates of other foreign currencies listed at Vietcombank :
In the free market, at the end of March 10, the USD price was traded at 23,730 - 23,780 VND/USD (buy - sell), an increase of 70 VND/USD (buy) and 20 VND/USD (sell) compared to the previous trading session.
USD price today
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at 104.64 points, down 0.64% from the previous session.
A weaker US dollar as easing inflationary pressures could keep the pace of US Federal Reserve interest rate hikes modest.
USD exchange rate today decreased.
The dollar weakened after US jobless claims rose more than expected last week, suggesting easing inflationary pressures could keep the Fed’s rate hikes modest and thus reduce the dollar’s appeal.
Specifically, initial state unemployment claims rose 21,000 to a seasonally adjusted 211,000 in the week ended March 4. Economists polled by Reuters had forecast 195,000 claims in the latest week.
The dollar was last down 0.31 percent against a basket of currencies at 105.28, down from a three-month high of 105.88 on Wednesday.
Fed Chairman Jerome Powell earlier reiterated his message of higher and potentially faster rate hikes, but stressed that the debate was still ongoing, with a data-driven decision to be made before the Fed's policy meeting in two weeks.
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