Domestic and global USD continue to decline "modestly"

USD/VND exchange rate today, June 29, 2024 in the domestic market

USD exchange rate today June 29, 2024, USD VCB reversed and decreased by 4 VND in both buying and selling directions, world USD also continued to decrease slightly after PCE data.

The central VND/USD exchange rate today (June 29) was announced by the State Bank of Vietnam (SBV) at 24,260 VND/USD, down 4 VND compared to the trading session on June 28.

Currently, the exchange rate allowed for trading by commercial banks (CBs) fluctuates from 23,400 - 25,450 VND/USD. The US Dollar exchange rate has also been brought to the buying and selling range by the State Bank of Vietnam (SBV) from 23,400 to 25,450 VND/USD.

The bank USD exchange rate, foreign exchange rate and domestic USD price this morning recorded a series of downward adjustments at banks. Specifically, Vietcombank has a buying price of 25,223 and a selling price of 25,473, down 4 VND in both buying and selling compared to the trading session on June 28. The current USD buying and selling prices are in the range of 24,000 - 25,500 VND/USD.

1. VCB - Updated: June 30, 2024 01:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
AUSTRALIAN DOLLAR	AUD	16,445.54	16,611.65	17,144.51
CANADIAN DOLLAR	CAD	18,083.23	18,265.89	18,851.81
SWISS FRANC	CHF	27,587.38	27,866.04	28,759.91
YUAN RENMINBI	CNY	3,430.07	3,464.71	3,576.39
DANISH KRONE	DKK	-	3,581.68	3,718.82
EURO	EUR	26,363.45	26,629.75	27,808.90
Sterling Pound	GBP	31,326.13	31,642.56	32,657.57
HONGKONG DOLLAR	HKD	3,177.19	3,209.29	3,312.23
INDIAN RUPEE	INR	-	304.40	316.57
YEN	JPY	153.35	154.90	162.30
KOREAN WON	KRW	15.93	17.69	19:30
KUWAITIAN DINAR	KWD	-	82,732.19	86,039.41
MALAYSIAN RINGGIT	MYR	-	5,339.52	5,455.96
NORWEGIAN KRONER	NOK	-	2,335.81	2,434.97
RUSSIAN RUBLE	RUB	-	278.43	308.22
SAUDI RIAL	SAR	-	6,766.07	7,036.54
SWEDISH KRONA	SEK	-	2,342.57	2,442.02
SINGAPORE DOLLAR	SGD	18,272.37	18,456.94	19,048.99
THAILAND	THB	610.34	678.16	704.12
US DOLLAR	USD	25,223.00	25,253.00	25,473.00

2. Vietinbank - Updated: June 29, 2024 00:00 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
AUD	AUD	16,650	16,670	17,270
CAD	CAD	18,294	18,304	19,004
CHF	CHF	27,792	27,812	28,762
CNY	CNY	-	3,432	3,572
DKK	DKK	-	3,566	3,736
EUR	EUR	#26,410	26,620	27,910
GBP	GBP	31,619	31,629	32,799
HKD	HKD	3,129	3,139	3,334
JPY	JPY	154.02	154.17	163.72
KRW	KRW	16.23	16.43	20.23
LAK	LAK	-	0.66	1.36
NOK	NOK	-	2,303	2,423
NZD	NZD	15,229	15,239	15,819
SEK	SEK	-	2,326	2,461
SGD	SGD	18,209	18,219	19,019
THB	THB	639.14	679.14	707.14
USD	USD	#25,170	25,170	25,470

3. Agribank - Updated: 01/01/1970 08:00 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,270.00	25,273.00	25,473.00
EUR	EUR	26,682.00	26,789.00	27,984.00
GBP	GBP	31,466.00	31,656.00	32,632.00
HKD	HKD	3,194.00	3,207.00	3,312.00
CHF	CHF	27,749.00	27,860.00	28,730.00
JPY	JPY	154.39	155.01	161.89
AUD	AUD	16,572.00	16,639.00	17,143.00
SGD	SGD	18,377.00	18,451.00	18,996.00
THB	THB	672.00	675.00	703.00
CAD	CAD	18,204.00	18,277.00	18,815.00
NZD	NZD		15,198.00	15,704.00
KRW	KRW		17.56	19.17

In the "black market", the black market USD exchange rate as of 5:15 a.m. on June 29, 2024 is as follows:

Black Market June 29, 2024

USD exchange rate today June 29, 2024 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 105.87 points – down 0.04% compared to trading on June 28.

USD (DXY) exchange rate developments in recent days (Source: Investing)

The US dollar eased after data showed inflation in the world's largest economy eased last month, reinforcing expectations the US Federal Reserve will start cutting interest rates this year.

Data showed the US personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, was unchanged last month and followed an unadjusted 0.3 percent increase in April. In the 12 months through May, the PCE price index rose 2.6 percent after rising 2.7 percent in April.

“The PCE report was largely in line with expectations, confirming the deflationary trend seen in the CPI (consumer price index) and PPI (producer price index) readings earlier this month. Macro data continues to point to weakness in the U.S. economy,” said Boris Kovacevic, global macro strategist at Convera in Vienna.

Fed funds futures have slightly increased the odds of easing in September to about 67%, from about 65%, according to LSEG calculations, following inflation data. The market is also pricing in one to two 25 basis point rate cuts this year.

A separate report showing business activity in the Midwest improved more than expected provided some modest support to the dollar. The Chicago Purchasing Managers’ Index (PMI) rose to 47.4 from 35 in May and was better than the 40 economists had forecast.

Meanwhile, the University of Michigan's consumer sentiment index showed a better-than-expected reading of 68.2 in June, also supporting the dollar. In addition, respondents to the sentiment survey expect short-term and long-term inflation to be around 3%.

In other currencies, the euro rose 0.2 percent to $1.0719. The euro, which fell 1.3 percent against the dollar in June, is on track for its biggest monthly decline since January as political uncertainty weighed ahead of France’s general election. In the second quarter, the common European currency fell 0.7 percent.

Investors fear that France's new government could increase fiscal spending, threatening the sustainability of the country's public debt and the bloc's financial stability.

Against the Swiss franc, the dollar was little changed at 0.8986 franc.

Besides economic data, market participants are also now focused on US politics.

USD price today June 29, 2024

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Hai Ba Trung District, Hanoi

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Ho Chi Minh City:

1. Minh Thu Currency Exchange - 22 Nguyen Thai Binh, District 1, HCMC

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, HCMC

3. Kim Chau Gold Shop - 784 Dien Bien Phu, Ward 10, District 10. Ho Chi Minh City

4. Saigon Jewelry Center - 40-42 Phan Boi Chau, District 1, HCMC

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, HCMC

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, HCMC

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, HCMC

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, HCMC

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

Source: https://congthuong.vn/ty-gia-usd-hom-nay-2962024-usd-trong-nuoc-cung-the-gioi-tiep-da-giam-khiem-ton-328977.html