DNVN – On December 23, 12, the foreign exchange market continued to see the dollar rise sharply internationally, after the US Federal Reserve (Fed) signaled that it would cut interest rates twice on next year.
International US Dollar Exchange Rate
Dollar Index (DXY), which tracks the strength of the dollar with 6
major currencies (EUR, JPY, GBP, CAD, SEK, CHF), now at 107.62, unchanged
compared to the previous trading date of 22 Dec 12.
Over the past week, the greenback has fallen 0.59% against the
major currencies, marking a correction after reaching the highest peak of the cycle
two years in November.
U.S. Commerce Department data shows inflation trending
reduce. The Personal Consumption Expenditures (PCE) Price Index, a tool for measuring inflation
The Fed's favorite rose just 0.1% in November, less than the 11% increase recorded in November.
the previous month. Over the past year, this index has increased by 2.4%, compared to 2.3% previously.
from last month.
After cutting interest rates by another 0.25 percentage points last week,
The Fed is expected to cut its key rate by another 0.5 percentage points in 2025, reflecting its caution.
In a context of slowing inflation and stability of the American labor market.
At the same time, the euro also rose slightly after hitting its lowest level.
for the month at 1.03435 USD. At the end of the session, this currency reached 1.044175 USD, increasing
0.76%, while Europe remains under pressure from Chinese trade policy
The administration of Donald Trump.
Investing.com expert Peter Nurse commented: “Inflation
remains a big problem for the Fed, especially when U.S. consumer prices rise sharply
most within the last 7 months. The new administration's trade policy could cause
adds pressure, forcing the Fed to remain cautious in adjusting interest rates.
The Fed has lowered its forecast for future interest rate cuts.
in 2025 from four to two times, exercising caution before the signals
new economy.
Although the USD tends to fall on the world market, copper
This currency remains stable in the country. Factors such as cooling and significant inflation
Fed Policy Shapes Dollar Trend, While Investors Should Watch
additional fluctuations in the United States economy and financial policy.
National US Dollar Exchange Rate
During the stock market session on December 23, the State Bank announced
The central VND/USD exchange rate is 24.324 VND.
Reference exchange rate maintained at the State Bank Exchange
gross, buy – sell are 23.400 VND and 25.450 VND respectively.
In Vietcombank, the USD exchange rate remained stable at 25.210 VND
(buy) and 25.540 VND (sell).
The same, similar, BIDV prices displayed unchanged from the previous session,
maintained at 25.240 VND for buying and 25.540 VND for selling. Techcombank downward adjustment 9
VND at the purchase price, reaching 25.195 VND, while the sale price remained unchanged at
25.540 XNUMX VND/USD.
In Eximbank, the US dollar exchange rate remains between 23.807 VND and 25.540 VND/USD.
Private ACB, weekend trading at 24,240 VND – 25,540 VND/USD, unchanged
compared to before.
On the free market, at the end of the day, the price of the dollar remains unchanged in the afternoon
on the buy side, while increasing 10 VND on the sell side, fluctuating around 25.780 VND
– 25.880 XNUMX VND/USD.
Exchange rates of other foreign currencies
The euro exchange rate on the State Bank Exchange has decreased slightly, currently
at 23,947 VND (purchase) and 26,467 VND (sale).
The Japanese yen exchange rate also fell slightly, listed on the stock exchange
State Bank is 147 VND – 162 VND.
Vietnamese (t/h)
