Japanese Yen exchange rate suddenly increased sharply; USD turned to decrease
(Baonghean.vn) - The Japanese Yen exchange rate suddenly increased sharply; The USD reversed and decreased; Domestic gold continued to decrease, world gold increased slightly; Gasoline prices increased from the lowest level in 6 months... are information about the market situation today.
Japanese Yen exchange rate suddenly increased sharply
Japanese Yen exchange rate surveyed on the morning of December 8, 2023 at banks as follows:
At Vietcombank, the buying rate is 161.25 VND/JPY and the selling rate is 170.69 VND/JPY, up 1.01 VND for buying and 1.06 VND for selling. At Vietinbank, the Yen rate increased by 2.52 VND for buying and selling, equivalent to 163.05 VND/JPY and 172.75 VND/JPY. At BIDV, the Japanese Yen rate increased by 0.72 VND for buying and 0.74 VND for selling, reaching 157.48 VND/JPY and 165.75 VND/JPY, respectively. At Agribank, the buying and selling rates are 158.80 VND/JPY and 163.74 VND/JPY, up 0.45 VND for buying and 0.48 VND for selling, respectively.
At Eximbank, the buying rate increased by 2.37 VND and the selling rate increased by 2.43 VND, respectively, to 164.77 VND/JPY and 169.37 VND/JPY. At Techcombank, the buying rate increased by 2.43 VND and the selling rate increased by 2.44 VND, respectively, to 160.78 VND/JPY and 171.80 VND/JPY. At Sacombank, the Japanese Yen exchange rate increased by 2.39 VND and the selling rate increased by 2.33 VND, respectively, to 164.80 VND/JPY and 171.32 VND/JPY.
According to the survey, today Sacombank is the bank with the highest buying rate of Japanese Yen and Agribank is the bank with the lowest selling rate among the banks.
USD turns down
USD exchange rate today December 8, 2023, USD VCB adjusted down slightly by 5 VND in both buying and selling directions. World USD suddenly dropped sharply after the unemployment announcement in the US.
The central VND/USD exchange rate announced by the State Bank is adjusted to 23,959 VND/USD.
Currently, the exchange rate allowed for trading by commercial banks ranges from 23,400 - 25,106 VND/USD. The US Dollar exchange rate has also been brought to the buying and selling range by the State Bank of Vietnam from 23,400 to 25,106 VND/USD.
The USD exchange rate at banks and domestic foreign exchange rates this morning recorded a series of downward adjustments at banks. Specifically, Vietcombank has a buying price of 24,060 and a selling price of 24,430, down 5 VND compared to yesterday's trading session. The current USD buying and selling prices are in the range of 23,400 - 25,300 VND/USD.
Domestic gold continues to decrease, world gold increases slightly
At the time of survey at 5:00 a.m. on December 8, 2023, the gold price on the trading floors of some companies was as follows:
DOJI listed the price of 9999 gold at 73.00 million VND/tael for buying and 74.30 million VND/tael for selling.
At Mi Hong Gold and Gemstone Company, at the time of survey, the listed price of SJC gold was at 73.10 - 74.00 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 72.90 - 73.98 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 72.90 - 74.50 million VND/tael (buy - sell).
Gasoline prices today rebound from 6-month low
On December 8, 2023, the international oil price increased after falling to a 6-month low. Meanwhile, in the domestic market, the oil price was adjusted down since yesterday afternoon.
On the world market, gasoline and oil prices continued to rise from the previous session. On December 7, world oil prices recovered somewhat after falling to a 6-month low in the previous session.
According to data from Oilprice, at 8:54 p.m. on December 7 (Vietnam time), Brent crude oil was trading at $75.29 per barrel, up $0.99, or 1.33%, from the previous session. WTI crude oil was at $70.28 per barrel, up $0.9, or 1.3%, from the previous session.
Although oil prices are on an upward trend, analysts say there are not many factors to support oil prices. The increase in oil prices may be due to strong selling in recent times. Therefore, the recovery in oil prices is only short-term.
In the domestic market, the selling price of gasoline and oil today, December 8, is applied according to the price level at the management session on the afternoon of December 7 of the Ministry of Finance - Industry and Trade.
Accordingly, gasoline prices are being managed by the inter-ministerial committee in a downward direction, in which RON 95 gasoline continues to decrease for the fourth consecutive time.
Specifically, the price of E5 gasoline decreased by 500 VND/liter, the selling price is 21,290 VND/liter. The price of RON 95 gasoline decreased by 670 VND/liter, the selling price is not higher than 22,320 VND/liter. The price of diesel oil decreased by 470 VND/liter, down to 19,720 VND/liter. The price of kerosene decreased by 190 VND/liter, the price is 20,920 VND/liter.
