USD/VND hits new record, up more than 4% since the beginning of the year

Commercial banks simultaneously raised the USD selling price to 26,562 VND, the maximum allowed by the State Bank in the session on August 22. This is also a new record price for the greenback.

The USDVND exchange rate on banking channels has not stopped increasing. Photo: Nam Khanh.

In the morning trading session on August 22, the central exchange rate of the Vietnamese Dong against the USD was listed by the State Bank of Vietnam (SBV) at a record high of 25,298 VND/USD, an increase of 25 VND compared to the previous trading session.

Compared to the end of July, the central exchange rate has increased by 70 VND. Compared to the beginning of the year, the central exchange rate has increased by nearly 4%.

With a fluctuation range of +/- 5% according to the central exchange rate, the floor/ceiling exchange rates that commercial banks are allowed to trade today are 24,033 VND/USD and 26,562 VND/USD, respectively.

The reference exchange rate at the State Bank's Transaction Office was raised to 24,084 - 26,512 VND/USD.

At commercial banks, USD selling transactions were also raised to the ceiling allowed by the State Bank.

Vietcombank currently lists the buying and selling price of the greenback at 26,212 - 26,562 VND/USD, an increase of 26 VND compared to August 20. Compared to the beginning of the year, the USD/VND exchange rate traded at Vietcombank has increased by more than 4%.

VietinBank and BIDV are also listing selling prices. foreign currency This is at the ceiling level of the State Bank of Vietnam at 26,562 VND/USD. On the buying side, VietinBank is anchored at 26,249 VND/USD and BIDV is anchored at 25,193 VND/USD.

In addition to the state-owned group, large private banks such as Techcombank, ACB, MB, HDBank, Eximbank, SHB, VPBank and Sacombank also simultaneously raised the USD selling price to the ceiling allowed by the State Bank of Vietnam, at 26,562 VND/USD.

In the free market, the USD price also recorded an increase of 30 VND in both directions. Currently, foreign exchange points in Hanoi are trading the greenback at 26,563 - 26,648 VND/USD (buy - sell), an increase of about 40 USD compared to the previous trading session. This is also the highest price ever recorded in this market.

In the world market, the USD price decreased slightly. The USD Index - a measure of the strength of the greenback - increased by 0.02 points to 98.6 points. The USD price fluctuated cautiously before the time when the Chairman of the US Federal Reserve (Fed) Jerome Powell spoke at the Jackson Hole conference today.

Source: https://baoquangninh.vn/usd-vnd-dat-ky-luc-moi-tang-hon-4-tu-dau-nam-3372718.html