Foreign exchange rates, USD/VND exchange rate today, June 24, recorded a positive outlook for the USD, with a support level of 105.5.
Foreign exchange rate update table - Vietcombank USD exchange rate today
1. VCB - Updated: June 24, 2024 07:30 - Time of website supply source | ||||
Foreign currency | Buy | Sell | ||
Name | Code | Cash | Transfer | |
AUSTRALIAN DOLLAR | AUD | 16,505.59 | 16,672.31 | 17,205.77 |
CANADIAN DOLLAR | CAD | 18,123.37 | 18,306.44 | 18,892.18 |
SWISS FRANC | CHF | 27,825.49 | 28,106.56 | 29,005.88 |
YUAN RENMINBI | CNY | 3,433.20 | 3,467.88 | 3,579.38 |
DANISH KRONE | DKK | - | 3,585.83 | 3,722.84 |
EURO | EUR | 26,546.33 | 26,814.47 | 27,999.61 |
Sterling Pound | GBP | 31,379.47 | 31,696.44 | 32,710.62 |
HONGKONG DOLLAR | HKD | 3,178.20 | 3,210.31 | 3,313.02 |
INDIAN RUPEE | INR | - | 303.61 | 315.72 |
YEN | JPY | 155.28 | 156.85 | 164.33 |
KOREAN WON | KRW | 15.84 | 17.60 | 19.19 |
KUWAITIAN DINAR | KWD | - | 82,749.40 | 86,050.57 |
MALAYSIAN RINGGIT | MYR | - | 5,340.02 | 5,456.05 |
NORWEGIAN KRONER | NOK | - | 2,364.93 | 2,465.14 |
RUSSIAN RUBLE | RUB | - | 277.20 | 306.84 |
SAUDI RIAL | SAR | - | 6,765.27 | 7,035.16 |
SWEDISH KRONA | SEK | - | 2,374.60 | 2,475.21 |
SINGAPORE DOLLAR | SGD | 18,321.50 | 18,506.56 | 19,098.71 |
THAILAND | THB | 612.10 | 680.11 | 706.09 |
US DOLLAR | USD | 25,218.00 | 25,248.00 | 25,468.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TGVN at 7:30 a.m. on June 24, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,256 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: 25,218 VND - 25,468 VND.
Vietinbank : 25,251 VND - 25,469 VND.
Foreign exchange rates, USD/VND exchange rate today, June 24: USD and Euro fluctuate in opposite directions. (Source: Vneconomy) |
Exchange rate developments in the world market
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) was at 105.83.
The DXY index closed last week's session with a positive trend.
The yield on the 10-year US Treasury note remained steady and range-bound over the past week. Overall, the short-term outlook remains positive for the DXY.
Several important data releases are due this week that will be closely watched, including the US Gross Domestic Product (GDP) reading on June 27, followed by the Personal Consumption Expenditures (PCE) data – the US Federal Reserve’s measure of inflation – on June 28.
The market is closely watching these data. If the PCE data is positive, it could prevent the dollar from rising as it would strengthen the case for a rate cut.
The short-term outlook is positive for the DXY index. Support for the index is at 105.5. Below that, the next strong support level is at 105, which held very well last week. The DXY index could rise to the 106.5-107 zone in the short-term.
The price action will then need to be watched very closely. The index needs to break above 107 to continue its move towards 108 and above.
However, failure to rise above 107 could see the DXY index fall to 105.5, or even 105, in the coming weeks.
On the other hand, the euro has fallen from a high of 1.0761 last week. This has kept the EUR/USD index in a broader downtrend. The index is likely to test the 1.0650-1.0630 level this week.
A break below 1.0630 could send the euro further lower towards 1.0580. The 1.0630 and 1.0580 levels are important support levels.
The euro must bounce from either of these support levels to avoid a sharper decline towards 1.05 and below.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-246-usd-va-euro-bien-dong-trai-chieu-276066.html
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