USD price sets new record

In this morning's trading session (August 20), the central exchange rate of the Vietnamese Dong against the USD was announced by the State Bank of Vietnam (SBV) at 25,263 VND/USD, up 8 VND compared to the previous trading session. 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 24,000 VND/USD and 26,526 VND/USD, respectively.

Along with this upward trend, the USD price at commercial banks has also climbed to a historic high. Techcombank andOCB are currently selling the greenback at the ceiling rate allowed by the State Bank of Vietnam, which is 26,526 VND/USD. On the buying side, Techcombank is currently accepting transactions at 26,053 VND/USD and OCB is keeping it at 26,140 VND/USD.

Among state-owned banks, Vietcombank this morning raised the buying and selling price of the greenback to 26,110 - 26,500 VND/USD, an increase of 25 VND compared to August 19. VietinBank is listing the price foreign currency This is at 26,139 - 26,499 VND/USD, while BIDV is trading around 26,140 - 26,500 VND/USD, both higher than yesterday's trading price.

Several major private banks have also raised their USD selling prices to a new record. HDBank is currently listing the exchange rate at 26,050 - 26,500 VND/USD. Compared to the previous trading session, the exchange rate at this bank has increased by 20 VND.

At ACB, SHB, MB, Eximbank, HSBC, Sacombank, Eximbank, the USD exchange rate all increased compared to yesterday, currently hovering around 24,200 - 26,520 VND/USD (buy - sell).

Compared to the beginning of the year, the USD selling price on commercial banking channels has increased by nearly 4%.

This morning, the USD price on the free market also recorded an increase of 30 VND in both directions. Currently, the exchange points foreign currency In Hanoi, USD is commonly traded at 26,510 - 26,580 VND/USD (buy - sell), which is about 50 VND higher than the USD selling price in banks.

In the world, the USD Index - a measure of the strength of the greenback - increased slightly by 0.2 points to 98.41 points, but is still the low price zone of this currency.

Investors are now looking ahead to the Federal Reserve's Jackson Hole Economic Policy Symposium later this week for further clues on US interest rate policy.

In addition, the Fed will release the minutes of its July 29-30 meeting today (US time), although they may not provide much detail as the meeting took place before the weak US jobs report in July.

Source: https://baoquangninh.vn/gia-usd-lap-ky-luc-moi-3372386.html