Foreign exchange rates, USD/VND exchange rate today, October 18, recorded the USD soaring to a new 11-week high, as data showed US retail sales increased in September.
Foreign exchange rate update table - Vietcombank USD exchange rate today
| 1. VCB - Updated: October 18, 2024 08:59 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,451.37 | 16,617.54 | 17,150.86 |
| CANADIAN DOLLAR | CAD | 17,800.83 | 17,980.63 | 18,557.70 |
| SWISS FRANC | CHF | 28,353.50 | 28,639.90 | 29,559.06 |
| YUAN RENMINBI | CNY | 3,447.67 | 3,482.49 | 3,594.26 |
| DANISH KRONE | DKK | - | 3,591.31 | 3,728.88 |
| EURO | EUR | 26,589.83 | 26,858.41 | 28,048.13 |
| Sterling Pound | GBP | 31,952.48 | 32,275.23 | 33,311.07 |
| HONGKONG DOLLAR | HKD | 3,159.43 | 3,191.34 | 3,293.76 |
| INDIAN RUPEE | INR | - | 298.98 | 310.94 |
| YEN | JPY | 162.08 | 163.72 | 171.51 |
| KOREAN WON | KRW | 15.88 | 17.65 | 19.15 |
| KUWAITIAN DINAR | KWD | - | 82,016.12 | 85,296.07 |
| MALAYSIAN RINGGIT | MYR | - | 5,793.79 | 5,920.23 |
| NORWEGIAN KRONER | NOK | - | 2,261.27 | 2,357.30 |
| RUSSIAN RUBLE | RUB | - | 247.99 | 274.53 |
| SAUDI RIAL | SAR | - | 6,691.63 | 6,959.24 |
| SWEDISH KRONA | SEK | - | 2,340.93 | 2,440.35 |
| SINGAPORE DOLLAR | SGD | 18,700.83 | 18,889.73 | 19,495.97 |
| THAILAND | THB | 671.13 | 745.70 | 774.26 |
| US DOLLAR | USD | 24,990.00 | 25,020.00 | 25,380.00 |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:30 a.m. on October 17, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,199 VND, an increase of 12 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,358 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank: 24,980 - 25,370 VND
Vietinbank: 24,860 - 25,360 VND.
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| Foreign exchange rates, USD/VND exchange rate today, October 18: USD skyrockets, EUR receives bad signals. (Source: Bloomberg) |
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) increased by 0.18% to 103.77.
The dollar surged to a fresh 11-week high as data showed U.S. retail sales rose in September, bolstering expectations that the Federal Reserve will stick to a dovish stance on interest rate cuts in the near term as the world’s largest economy remains resilient.
Against the Japanese currency, the US dollar hit 150 yen for the first time since August 1. The US dollar closed the trading session up 0.4% at 150.24 yen.
“With the stronger-than-expected data, the dollar is moving higher,” said Eugene Epstein, a representative from Moneycorp in New York. “The dollar actually weakened when the Fed cut 50 basis points in September. But now that has been unwound.”
Data released on October 17 showed that U.S. retail sales rose 0.4% last month, following a 0.1% increase in August. Economists polled by Reuters had forecast retail sales rising 0.3%.
Meanwhile, the EUR turned down after the European Central Bank (ECB) cut interest rates for the third time this year at its policy meeting on October 17.
Inflation in the euro zone is increasingly under control, while the economic outlook for the region is deteriorating, the ECB said.
The euro fell to an 11-week low against the dollar of $1.0811 and closed the session at $1.0826, down 0.3%.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-1810-usd-tang-vot-eur-don-tin-hieu-xau-290444.html
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