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USD anchors below highs, gains against Japanese Yen

Báo Quốc TếBáo Quốc Tế17/07/2024


Foreign exchange rates, USD/VND exchange rate today, July 17, recorded that the USD continued to be stable when the data on retail sales in the US proved to be stronger than expected.

Foreign exchange rate update table - Vietcombank USD exchange rate today

1. VCB - Updated: 07/17/2024 07:56 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
AUSTRALIAN DOLLAR AUD 16,685.22 16,853.75 17,394.47
CANADIAN DOLLAR CAD 18,072.04 18,254.58 18,840.25
SWISS FRANC CHF 27,599.35 27,878.13 28,772.55
YUAN RENMINBI CNY 3,422.29 3,456.86 3,568.31
DANISH KRONE DKK - 3,634.84 3,774.04
EURO EUR 26,914.83 27,186.69 28,390.66
Sterling Pound GBP 32,040.76 32,364.40 33,402.75
HONGKONG DOLLAR HKD 3,166.69 3,198.67 3,301.30
INDIAN RUPEE INR - 302.64 314.74
YEN JPY 155.32 156.89 164.39
KOREAN WON KRW 15.81 17.57 19.17
KUWAITIAN DINAR KWD - 82,823.87 86,135.23
MALAYSIAN RINGGIT MYR - 5,373.46 5,490.67
NORWEGIAN KRONER NOK - 2,297.09 2,394.62
RUSSIAN RUBLE RUB - 274.31 303.66
SAUDI RIAL SAR - 6,744.10 7,013.73
SWEDISH KRONA SEK - 2,341.61 2,441.04
SINGAPORE DOLLAR SGD 18,398.88 18,584.73 19,180.99
THAILAND THB 619.67 688.52 714.89
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 17, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,245 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: 25,207 VND - 25,457 VND.

Vietinbank : 25,090 VND - 25,400 VND.

(Nguồn: Reuters)
Foreign exchange rates, USD/VND exchange rate today, July 17: USD anchored below high level, increased compared to Japanese Yen. (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 104.25, up 0.04%.

The US dollar continued to stabilize as US retail sales data proved to be stronger than expected, but still reinforced expectations of a rate cut from the US Federal Reserve (Fed) this year.

Accordingly, US retail sales were unchanged in June, surpassing the expectations of Reuters economists.

Other data showed import prices were unchanged in June, as a rebound in food prices was offset by lower energy prices, keeping the Fed on track to cut interest rates this year.

The DXY index remained anchored below the previous high of 104.51. Against the Japanese yen, the USD rose 0.28% to 158.46.

According to CME's FedWatch Tool, the market is pricing in a rate cut at the September meeting.

The pound weakened 0.07 percent to $1.2957 ahead of UK inflation data due out on Friday, while the euro fell 0.03 percent to $1.0891 ahead of the European Central Bank's (ECB) policy meeting scheduled for tomorrow.

The ECB is expected to keep interest rates steady, with focus on comments from President Christine Lagarde for clues on the timing of the next rate cut after a 25 basis point cut in June.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-177-usd-neo-duoi-muc-cao-bat-tang-so-voi-yen-nhat-278912.html

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