While the USD price at many banks today (February 2) tended to decrease, the USD price on the free market reversed up. The world USD price dropped sharply following the US raised interest rates by 25 points, to the highest level in the past 15 years.
The central exchange rate announced by the State Bank today (February 2) is 23,608 VND/USD, down 2 VND compared to yesterday. With a margin of +/- 5%, the ceiling rate applied by banks today is 23,788 VND/USD and the floor rate is 22,489 VND/USD.
Meanwhile, today’s reference buying rate is still maintained at 23,450 dong/USD by the State Bank’s Exchange, while the reference selling price is still listed at 24,780 dong/USD.
The USD/VND exchange rate at many commercial banks today (February 2) tended to decrease slightly.
Specifically, at 12:30 am on February 2, Vietinbank traded USD at 23,258 VND/USD (buying in) and 23,618 VND/USD (sold out), down 1 VND/USD in both buying and selling directions. compared to last morning.
And Techcombank this followingnoon bought USD at 23,299 VND/USD, sold it at 23,620 VND/USD. Compared to yesterday morning, USD price at Techcombank this followingnoon decreased by 2 dong/USD in the buying followingnoon and remained unchanged in the selling followingnoon.
While at Vietcombank, listed USD price at 23,250-23,620 VND/USD, unchanged from yesterday morning.
Sacombank listed the USD price at 23,265-23,650 VND/USD (buy in – sell out), remained the same in the buying followingnoon and decreased by 100 VND/USD in the selling followingnoon compared to yesterday morning.
On the free market, yesterday (1/2), the USD price decreased by 40 dong in both buying and selling direction compared to the previous session, to the price of 23,420-23,520 dong/USD (buying – selling).
However, today (February 2), the USD price on the free market turned up. This followingnoon, the free USD price was commonly traded around 23,475-23,525 VND/USD (buy in – sell out).
Thus, compared to yesterday, the USD price on the free market today increased by 55 dong in the buying direction and 5 dong in the selling side.
However, compared with the peak price of 25,500 VND/USD (selling price) reached on November 1, 2022, the USD price on the free market today is still 1,975 VND lower than the selling price.
On the world market, the USD price fell sharply today following the US raised interest rates by 25 points, to the highest level in 15 years. At 12:50 am today (February 2, Vietnam time), the US Dollar Index (DXY) – measuring the volatility of the greenback with 6 major currencies – was at 100.9 points, down 0. 31% compared to the previous session.
