USD exchange rate today September 11, 2024: Bank exchange rate drops sharply
USD exchange rate today September 11, 2024: The State Bank announced the central exchange rate of Vietnamese Dong to USD increased by 17 VND, currently at 24,194 VND.
Domestic USD exchange rate on September 11, 2024
The current reference USD exchange rate is 23,400 - 25,450 VND/USD, unchanged from the previous session.
In the free market, the USD exchange rate decreased, with the current trading level being 25,145 - 25,225 VND/USD, down 41 VND compared to the previous session.
Vietcombank listed the USD buying and selling rates at 24,460 - 24,830 VND/USD, down 10 VND compared to the previous session.
BIDV listed the USD buying and selling rates at 24,500 - 24,840 VND/USD, down 15 VND compared to the previous session.
Vietinbank listed the USD buying and selling rates at 24,320 - 24,820 VND/USD, down 30 VND compared to the previous session.
Eximbank listed the USD buying and selling rates at 24,470 - 24,830 VND/USD, down 30 VND compared to the previous session.
Meanwhile, in the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.11%, reaching 101.66.
USD exchange rate today in the world
In the world, the USD Index - a measure of the strength of the USD compared to 6 key currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently trading at 101.60 (7:00 a.m. Vietnam time), almost flat compared to the same trading session yesterday (101.65).
The USD price did not fluctuate much in the recent trading session, as people were waiting for the debate between Vice President Kamala Harris and former President Donald Trump.
Investors are keeping an eye on the latest inflation figures from the Consumer Price Index (CPI), due out later in the day.
The Federal Reserve (Fed) said it is paying more attention to jobs data than inflation, and believes US inflation is trending down.
Forecasts from Reuters show that the US CPI in August may increase slightly by 0.2% compared to the previous month, and increase by 2.6% compared to last year, lower than the 2.9% increase in July.
Data from the Chicago Board of Trade (CBOT) indicates that the Fed could cut interest rates by at least 108 basis points this year, based on futures contracts for December 2024.
