Foreign exchange rates, the USD/VND exchange rate today, June 25th, shows the US dollar slipping from its 8-week high against the Yen as traders remain wary of government intervention to support the Japanese currency.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: 25/06/2024 08:00 - Time of source website update | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,458.48 | 16,624.72 | 17,158.01 |
| Canadian Dollar | CAD | 18,108.82 | 18,291.73 | 18,878.49 |
| SWISS FRANCE | CHF | 27,753.88 | 28,034.23 | 28,933.50 |
| YUAN RENMINBI | CNY | 3,432.97 | 3,467.64 | 3,579.42 |
| DANISH KRONE | DKK | But | 3,581.10 | 3,718.23 |
| EURO | CZ | 26,509.13 | 26,776.90 | 27,962.57 |
| POUND STERLING | GBP | 31,347.23 | 31,663.87 | 32,679.58 |
| HONG KONG DOLLAR | HKD | 3,178.37 | 3,210.47 | 3,313.45 |
| INDIAN RUPEE | INR | But | 303.69 | 315.83 |
| YEN | rush | 154.45 | 156.01 | 163.46 |
| Korean Won | KRW | 15.83 | 17.59 | 19.19 |
| KUWAITI DINAR | KWD | But | 82,722.43 | 86,029.28 |
| MALAYSIAN RINGGIT | MYR | But | 5,342.29 | 5,458.79 |
| NORWEGIAN KRONER | NOK | But | 2,357.31 | 2,457.39 |
| RUSSIAN RUBLE | RUB | But | 271.91 | 301.00 |
| SAUDI RIAL | SAR | But | 6,765.45 | 7,035.90 |
| SWEDISH KRONA | SEK | But | 2,372.29 | 2,473.00 |
| SINGAPORE DOLLAR | SGD | 18,303.92 | 18,488.81 | 19,081.89 |
| THAILAND BAHT | THB | 611.26 | 679.18 | 705.19 |
| US DOLLAR | cau | 25,225.00 | 25,255.00 | 25,475.00 |
Exchange rate movements in the domestic market
On the domestic market, according to TGVN 's report at 7:30 AM on June 24th, the State Bank of Vietnam announced the central exchange rate of the Vietnamese Dong against the US Dollar at 24,262 VND, an increase of 6 VND.
The reference USD exchange rate listed at the State Bank of Vietnam's Exchange Department is: 23,400 VND - 25,450 VND.
The USD exchange rates at commercial banks for buying and selling are as follows:
Vietcombank: 25,225 VND - 25,475 VND.
Vietinbank : 25,175 VND - 25,475 VND.
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| Foreign exchange rates, USD/VND exchange rate today, June 25th: USD depreciates against the Japanese Yen. (Source: Reuters) |
Exchange rate movements in the global market.
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 105.49, down 0.31%.
The US dollar slipped from an eight-week high against the yen as traders remained wary of government intervention to support the Japanese currency.
This comes after the Japanese yen touched 160 against the US dollar – a key psychological level that had previously prompted Japan's Finance Ministry to take action to support the currency.
The greenback rose to 159.94 earlier in the session against the Japanese yen, its highest level since April 29, when the yen hit a 34-year low of 160.245.
This has led the Japanese government to spend approximately 9.8 trillion Yen to support the currency.
The Japanese yen quickly recovered to 158.75 yen/USD and closed the trading session down 0.1% at 159.65. The US dollar fell after seven consecutive days of gains.
The yen remains under pressure, even though Japan's top currency official has warned that authorities are prepared to intervene in the currency market if necessary.
Specifically, Japanese Vice Minister of Finance Masato Kanda stated that excessive exchange rate fluctuations would negatively impact the national economy. He added that, in the event of excessive volatility due to speculation, the Japanese government is prepared to take appropriate action.
The focus this week will be on the release of the US Personal Consumption Expenditures (PCE) price index at the end of the week, a crucial data point that will help the Federal Reserve assess progress toward bringing inflation down to its 2% target.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-256-usd-truot-gia-so-voi-yen-nhat-276142.html
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