Foreign exchange rates, USD/VND exchange rate today, October 10, recorded a slight increase in the USD when the minutes of the September meeting of the US Federal Reserve (Fed) were announced.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: 10/10/2024 08:30 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,262.15 | 16,426.41 | 16,953.99 |
| CANADIAN DOLLAR | CAD | 17,661.54 | 17,839.94 | 18,412.91 |
| SWISS FRANC | CHF | 28,139.80 | 28,424.04 | 29,336.95 |
| YUAN RENMINBI | CNY | 3,419.30 | 3,453.84 | 3,564.77 |
| DANISH KRONE | DKK | - | 3,576.73 | 3,713.83 |
| EURO | EUR | 26,480.75 | 26,748.23 | 27,933.71 |
| Sterling Pound | GBP | 31,626.35 | 31,945.81 | 32,971.83 |
| HONGKONG DOLLAR | HKD | 3,114.78 | 3,146.24 | 3,247.29 |
| INDIAN RUPEE | INR | - | 295.17 | 306.99 |
| YEN | JPY | 160.82 | 162.45 | 170.18 |
| KOREAN WON | KRW | 15.92 | 17.69 | 19.20 |
| KUWAITIAN DINAR | KWD | - | 80,896.34 | 84,133.44 |
| MALAYSIAN RINGGIT | MYR | - | 5,732.27 | 5,857.50 |
| NORWEGIAN KRONER | NOK | - | 2,258.71 | 2,354.69 |
| RUSSIAN RUBLE | RUB | - | 243.70 | 269.79 |
| SAUDI RIAL | SAR | - | 6,601.41 | 6,865.56 |
| SWEDISH KRONA | SEK | - | 2,341.57 | 2,441.07 |
| SINGAPORE DOLLAR | SGD | 18,530.83 | 18,718.01 | 19,319.18 |
| THAILAND | THB | 654.62 | 727.36 | 755.24 |
| US DOLLAR | USD | 24,630.00 | 24,660.00 | 25,020.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:00 a.m. on October 10, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,168 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,326 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank: 24,635 - 25,025 VND
Vietinbank: 24,520 - 25,020 VND.
 |
| Foreign exchange rates, USD/VND exchange rate today, October 10, recorded a slight increase in USD and a decrease in EUR. (Source: Reuters) |
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 102.88, up 0.33%.
The US dollar rose slightly after the release of the minutes of the US Federal Reserve's September meeting showed that most policymakers supported a 50 basis point interest rate cut in September.
Investors believe that the Fed will not continue to loosen too much and positive non-farm payroll data last weekend caused the market to re-price expectations of a Fed rate cut in the near term.
“The DXY has moved higher and obviously the key point is the strong US jobs report. It looks like Fed Chairman Jerome Powell had to convince more people than initially thought, who were only in favor of a 25 basis point cut,” said Amo Sahota, managing director at Klarity FX in San Francisco.
Following the Fed minutes, traders were betting on an 83% chance of a 25 basis point cut at the November meeting and another 50 basis points by year-end, according to LSEG. The odds of the Fed holding rates steady next month were 17%.
The euro extended its sell-off to a two-month low against the greenback and fell 0.36% to $1.094. USD/JPY rose 0.72% to 149.26, surpassing Monday’s high and hitting its highest since Aug. 15.
The Yen has been hit hard since Japan's new Prime Minister Ishiba Shigeru took office, surprising markets with recent comments that the country is not ready for further interest rate hikes.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-1010-eur-da-keo-dai-dot-ban-thao-usd-phu-sac-xanh-289426.html
Comment (0)