USD at domestic banks at ceiling price

Foreign exchange rates, USD/VND exchange rate today October 23 recorded that the USD has increased to a new high in more than 2 months.

Foreign exchange rate update table - Vietcombank USD exchange rate today

1. VCB - Updated: October 23, 2024 07:31 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
Australian Dollar	AUD	16,532.77	16,699.77	17,235.54
Canadian Dollar	CAD	17,888.59	18,069.29	18,649.00
SWISS FRANC	CHF	28,594.44	28,883.28	29,809.93
YUAN RENMINBI	CNY	3,471.63	3,506.69	3,619.20
DANISH KRONE	DKK	-	3,614.66	3,753.09
EURO	EUR	26,759.46	27,029.75	28,226.76
Sterling Pound	GBP	32,158.32	32,483.15	33,525.30
HONG KONG DOLLAR	HKD	3,180.47	3,212.60	3,315.67
INDIAN RUPEE	INR	-	300.94	312.97
YEN	JPY	162.40	164.04	171.84
Korean Won	KRW	15.90	17.66	19.17
KUWAITIAN DINAR	KWD	-	82,569.85	85,871.02
MALAYSIAN RINGGIT	MYR	-	5,812.65	5,939.43
NORWEGIAN KRONER	NOK	-	2,273.81	2,370.35
Russian Ruble	RUB	-	250.57	277.39
SAUDI RIAL	SAR	-	6,737.16	7,006.52
SWEDISH KRONA	SEK	-	2,357.65	2,457.75
SINGAPORE DOLLAR	SGD	18,798.46	18,988.34	19,597.54
THAILAND BAHT	THB	669.00	743.34	771.80
US DOLLAR	USD	25,062.00	25,092.00	25,452.00

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 7:50 a.m. on October 23, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,240 VND, an increase of 12 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 23,400 VND - 25,402 VND.

USD exchange rates at commercial banks buying and selling are as follows:

Vietcombank: 25,062 - 25,452 VND

Vietinbank : 25,070 - 25,452 VND.

The price of USD in banks is at the ceiling, equal to the record level set in mid-year.

Foreign exchange rates, USD/VND exchange rate today October 23: USD at domestic banks at ceiling price. (Source: Finanzmarktwelt)

Exchange rate developments in the world market

Meanwhile, in the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) was at 104.07, up 0.05%.

The US dollar rose to a fresh two-month high, continuing its recent rally on expectations the US Federal Reserve will adjust its interest rate cut path.

The greenback has risen for three straight weeks and is on track for its 15th gain in 17 sessions, as a slew of positive economic data has reduced expectations for the size and pace of rate cuts from the Fed, which has pushed US Treasury yields higher.

The yield on the 10-year US Treasury bond hit 4.222% in the last trading session, the highest level since July 26.

Markets are pricing in an 89.6% chance the Fed will cut rates by 25 basis points at its November meeting, with a 10.4% chance the central bank will leave rates unchanged, according to the CME's FedWatch Tool.

Experts say the upcoming US presidential election will also continue to drive currency moves in the market.

In a contrasting move, the EUR fell 0.15% to $1.0798.

A series of European Central Bank policymakers spoke on October 22, warning of inflation risks, signaling a shift in their policy focus after years of excessive price rises.

Against the Japanese yen, the dollar rose 0.17 percent to 151.08 after rising to 151.19, its highest since July 31.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-2310-usd-tai-ngan-hang-trong-nuoc-o-muc-kich-tran-291029.html