Foreign exchange rates, USD/VND exchange rate today, September 19, experienced a volatile trading session after the US Federal Reserve (Fed) cut interest rates by 50 basis points.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: September 19, 2024 09:28 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| Australian Dollar | AUD | 16,225.28 | 16,389.17 | 16,888.33 |
| Canadian Dollar | CAD | 17,629.31 | 17,807.39 | 18,349.74 |
| SWISS FRANC | CHF | 28,265.76 | 28,551.27 | 29,420.86 |
| YUAN RENMINBI | CNY | 3,384.02 | 3,418.20 | 3,452.38 |
| DANISH KRONE | DKK | - | 3,596.82 | 3,728.68 |
| EURO | EUR | 26,633.49 | 26,902.52 | 28,049.63 |
| Sterling Pound | GBP | 31,650.11 | 31,969.81 | 32,943.50 |
| HONG KONG DOLLAR | HKD | 3,084.51 | 3,115.67 | 3,210.56 |
| INDIAN RUPEE | INR | - | 293.80 | 305.06 |
| YEN | JPY | 165.59 | 167.26 | 174.94 |
| Korean Won | KRW | 16.18 | 17.98 | 18.70 |
| KUWAITIAN DINAR | KWD | - | 80,684.81 | 83,778.42 |
| MALAYSIAN RINGGIT | MYR | - | 5,715.68 | 5,831.15 |
| NORWEGIAN KRONER | NOK | - | 2,271.99 | 2,364.72 |
| Russian Ruble | RUB | - | 254.84 | 281.67 |
| SAUDI RIAL | SAR | - | 6,555.14 | 6,806.48 |
| SWEDISH KRONA | SEK | - | 2,358.25 | 2,454.51 |
| SINGAPORE DOLLAR | SGD | 18,498.77 | 18,685.63 | 19,254.74 |
| THAILAND BAHT | THB | 651.11 | 723.46 | 749.98 |
| US DOLLAR | USD | 24,450.00 | 24,480.00 | 24,820.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:40 a.m. on September 19, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,151 VND, an increase of 5 VND.
The reference USD exchange rate at the State Bank's Transaction Office is listed at: 23,400 VND - 25,308 VND.
USD exchange rates at commercial banks buying and selling are as follows:
Vietcombank: 24,440 VND - 24,810 VND.
Vietinbank : 24,270 VND - 24,770 VND.
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| Foreign exchange rates, USD/VND exchange rate today, September 19: USD fluctuates, British Pound performs best. (Source: CNBC) |
Exchange rate developments in the world market
The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 100.93, up 0.04%.
The USD experienced a volatile trading session after the US Federal Reserve (Fed) cut interest rates by 50 basis points at its policy meeting on September 19 (Vietnam time).
Accordingly, the Fed has cut the overnight interest rate to the range of 4.75%-5.00% and policymakers believe that the Fed's benchmark interest rate will decrease by another 50 basis points later this year, another 100 basis points in 2025 and a final 50 basis points in 2026, until the interest rate returns to the range of 2.75%-3.00%.
The US dollar initially fell sharply following the Fed announcement, but narrowed its losses after Chairman Jerome Powell concluded his press conference.
The DXY index hit 100.21 at one point, its lowest level since July 2023.
Meanwhile, the euro fell 0.01 percent to $1.111275. The greenback was unchanged at 142.370 Japanese yen.
“This is a more moderate cut. It’s definitely not a hawkish cut,” said Vassili Serebriakov, a foreign exchange and macro strategist at UBS in New York.
Elsewhere, the pound, the best-performing G10 currency this year, rose 0.28 percent to $1.3200. The Chinese yuan strengthened against the dollar at 7.0780 per dollar.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-199-usd-thang-tram-bang-anh-hoat-dong-tot-nhat-286771.html
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