Foreign exchange rate on December 29. USD price decreased

Safe haven currencies such as the Japanese yen and the Swiss franc surged against the dollar amid growing concern about a US-China trade dispute.

The Swiss franc rose the most in nearly four months. The yen rose 0.7 percent to 110.23 against the dollar. read more gold price

The dollar index (DXY), a measure of the value of the dollar against six major currencies, declined by 0.3% to 96.22, after losing 0.5% after only one night.

The data also shows consumer confidence at the weakest level in more than three years, as well as a sudden drop in industrial profits in China - a clear reminder to investors about growth prospects. global is deteriorating.

Investors who bet the dollar have broken the upward momentum after the US Federal Reserve (Fed) signaled that it will reconsider the plan to raise interest rates that has been implemented for nearly three years.

Investors are avoiding risk amidst appearances in Washington, many of which are worrisome for investors, including disagreements between Mr. Trump and the US Federal Reserve, disagreements over budget and impact from the resignation of Secretary of Defense, James Mattis.

On December 29, the State Bank announced the central exchange rate of Vietnam dong with US dollar at: 22,825 dong (up 25 dong). The exchange rate at the State Bank of Vietnam has been bought at VND 22,700 (unchanged) and sold at VND 23,439 (up VND 10).

At the beginning of the morning of December 29, some commercial banks reduced the exchange rate of the US dollar today by 5 dong compared to the end of the previous session, popular at 23,165 dong (buy) and 23.255 dong (sell).

Vietcombank and BIDV listed the exchange rate at VND 23,165 (buy) and VND 23.255 (sell). Vietinbank: VND 23,163 (buy) and VND 23,253 (sold). ACB: VND 23,170 (buy) and VND 23,250 (sold). read more: https://tygia.vn/