Foreign exchange rate on January 30. The dollar dropped

The exchange rate at the State Bank of Vietnam has been bought at VND 23,200 (unchanged) and sold at VND 23,494 (unchanged).

At the beginning of the morning of January 30, most commercial banks kept the exchange rate of the US dollar today unchanged from the end of the previous session, popular at VND 23,150 (buy) and VND 23,240 (sell). .

Vietcombank listed at VND 23,150 (buy) and VND 23,240 (sold). Vietinbank: VND 23,151 (buy) and VND 23,241 (sold). BIDV: VND 23,155 (buy) and VND 23,244 (sold). ACB: VND 23,150 (buy) and VND 23,230 (sell).

At the beginning of the trading session on January 30 (Vietnam time), on the world market, the exchange rate fluctuated strongly. The US Dollar Index (DXY), which measures the volatility of the greenback with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stands at 95.80 points. read more gold

USD stood at: 1 euro, exchanging USD 1.1425; 109.49 yen in exchange for 1 USD and 1,3189 USD in exchange for 1 pound.

Early in the morning, the dollar on the world market stood at a low level as investors bet on the ability to change US policies. USD in the free market dropped.

The weak dollar is due to the market beating the US Federal Reserve (Fed) will keep the interest rate at 2.25-2.5% in the 2-day meeting that starts taking place from January 29 in the context A series of forecasts show that the prospects of the US economy become less bright due to the unpredictable US-China trade war and the US government's closure for more than 35 years by the negative impact of Q1 GDP.

The US and China are trying to reach a trade agreement before the third deadline when US President Donald Trump makes a decision to raise taxes on Chinese imports. US Treasury Secretary Steven Mnuchin said the two countries are making a lot of progress in trade. However, many opinions said that My Trung has many problems.

According to Reuters, the US has officially prosecuted Huawei and Ms. Manh Van Chu (Huawei Company CFO) for 23 charges: including fraud and violating sanctions against Iran, stealing trade secrets of an American company. The US requested extradition of Mrs. Manh Van Chu to the United States for trial.

Regarding monetary policy, some Fed officials said that the agency will "be patient" when implementing the plan to raise interest rates in 2019 when consumer confidence and domestic business are weak. In 2018, the Fed raised interest rates 4 times.

In the country, the free USD price dropped sharply due to the increase in USD supply, thanks to the money from overseas compatriots returning home for Tet, tourists ...

On the domestic market session on January 29, the exchange rate of USD / VND in some banks was unchanged compared to the previous session, popular at VND 23,150 / USD and VND 23,240 / USD.

By the end of January 29, Vietcombank listed the exchange rate at VND 23,150 / USD and VND 23,240 / USD. Vietinbank: VND 23,151 / USD and VND 23,241 / USD. BIDV: VND 23,155 / USD and VND 23,245 / USD. ACB: VND 23,150 / USD and VND 23,230 / USD.

From the beginning of 2018, the US dollar exchange rate in the banking system increased by VND 465-475 in both buying and selling directions.

USD price on the black market stood at: 23,175 - 23,195 VND / USD.

Closing the 29/1 session, the Euro rate stood at 26,300 dong (buy) and 27,038 (sell). Pound exchange rate: VND 30,143 (buy) and VND 30,625 (sell). Japanese yen rate was at 204.8 dong and sold at 213.3 dong. read more https://tygia.vn/