New York [US], February 9: The USD exchange rate in banks remained unchanged on Monday morning as many other foreign currencies rose again.
This morning (February 9th), the central exchange rate between VND and USD announced by the State Bank of Vietnam was 25,063 VND, a decrease of 2 VND compared to the end of last week. Commercial banks, however, did not change their USD prices . Specifically, Vietcombank maintained its buying rate at 25,760 VND and selling rate at 26,140 VND; ACB Bank also continued to buy via transfer at 25,780 VND and sell at 26,140 VND
Conversely, at Vietcombank, the euro p.rice increased by 130 dong compared to the end of last week, with the buying rate for transfers reaching 30,207 dong and the selling rate at 31,482 dong; the British pound increased by 219 dong, with the buying rate for transfers reaching 34,753 dong and the selling rate at 35,867 dong. The Japanese yen, however, continued to decrease by 0.16 dong, with the buying rate at 161.29 dong and the selling rate at 169.82 dong.
The US dollar edged lower globally this Monday morning, with the USD-Index at 97.57 points, 0.1 points lower than yesterday. Over the past week, the greenback recovered as investors sought to avoid risk in global financial markets. However, many analysts believe this rebound is unlikely to last as investors remain awaiting a US interest rate cut.
Meanwhile, on February 5th, the European Central Bank (ECB) decided to keep interest rates unchanged, as expected, and offered no clue as to its next move. This decision comes as the eurozone economy is recording steady growth and inflation is nearing its target. In its official statement, the ECB noted that the economy remains resilient amidst challenging global conditions. However, the ECB also noted that the outlook remains uncertain, particularly due to fluctuations in global trade policy and ongoing geopolitical tensions. Inflation - a top concern for the ECB - fell to 1.7% across the eurozone last month due to lower energy costs, and could fall further before being projected to rise again next year.
Source: Thanh Nein Newspaper