How much is 1 USD in VND today?
State Bank USD exchange rate is at 24,246 VND.
Vietcombank USD exchange rate is currently at 25,088 VND - 25,458 VND (buy - sell).
The Euro exchange rate is currently at 26,475 VND - 27,949 VND (buy - sell).
The current Japanese Yen exchange rate is 156.74 VND - 166.02 VND (buy - sell).
The British Pound exchange rate is currently at 30,873 VND - 32,211 VND (buy - sell).
Today's Yuan exchange rate is at 3,423 VND - 3,572 VND (buy - sell).
USD price today
The US Dollar Index (DXY) measures the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), recording at 106.24 points.
The yen fell against the dollar, slipping slightly from a sharp rise in the previous session on suspicions of Japanese government intervention in the currency market. This was said to have helped the yen improve by 5 USD/JPY.
USD/JPY rose 0.88% to 157.73, but remained near a 34-year high of 160.245 hit on Monday. The yen fell 4.04% against the dollar in April, its biggest monthly decline since February 2023.
Economic data showed that U.S. labor costs rose more than expected in the first quarter amid rising wages and benefits. This reinforced the view that U.S. inflation had picked up early in the year and could delay a rate cut by the Federal Reserve. On the other hand, the U.S. dollar index also benefited from the recent data, rising 0.52% to 106.24.
Bank of Japan data on Tuesday showed officials may have spent about 5.5 trillion yen ($35.05 billion) to support the yen.
According to the CME FedWatch tool, the FED will at least cut interest rates by 25 basis points in September (probability is nearly 50%)
The euro fell 0.42% to $1.0674 per euro. The pound weakened 0.49% to $1.2499 per pound.
The dollar index has gained 1.7% since the start of April, its biggest monthly gain since January. The euro has fallen 1.11% for the month. The pound has fallen 1.02% - its biggest monthly decline since September.
Bank of America expert Paul Ciana predicts another rally in the second quarter for the USD.
Source
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