Domestic and world USD simultaneously decreased; Domestic coffee price exceeded 132,000/kg

Domestic and world USD simultaneously decreased

Today (April 26), USD VCB decreased by another 10 VND in both buying and selling directions, besides, the world USD also decreased after economic data was announced.

The central VND/USD exchange rate announced by the State Bank is adjusted to 24,264 VND/USD, down 10 VND compared to the trading session on April 25.

Currently, the exchange rate allowed for trading by commercial banks fluctuates from 23,400 - 25,450 VND/USD. The US Dollar exchange rate has also been brought to the buying and selling range of 23,400 to 25,450 VND/USD by the State Bank Exchange.

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 25,137 and a selling price of 25,477, down 10 VND compared to the trading session on April 25. The current USD buying and selling prices are in the range of 24,000 - 25,500 VND/USD.

In the world market, the Dollar Index (DXY), which measures the USD against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 105.58 points - down 0.30% compared to trading on April 25.

Domestic gold fluctuates in opposite directions, world gold increases again

At the time of survey at 5:00 a.m. on April 26, 2024, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold at 81.80 million VND/tael for buying and 84.00 million VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 82.40 - 84.30 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 82.40 - 84.50 million VND/tael (buy - sell).

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,331.60 USD/ounce, a difference of 15.9 USD/ounce compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 70.415 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still higher than the international gold price of 11.585 million VND/tael.

Domestic coffee prices exceed 132,000/kg

Updated at 5:24 a.m. on April 26, 2024, domestic coffee prices increased by 3,300 VND/kg, setting a new record price of 132,200 VND/kg.

Currently, the average purchase price in the Central Highlands provinces is 132,000 VND/kg, the highest purchase price in Dak Nong province is 132,200 VND/kg.

Specifically, coffee was purchased in Gia Lai and Kon Tum provinces at the price of 131,800 VND/kg; in Dak Nong province, coffee was purchased at the highest price of 132,200 VND/kg.

Green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, are purchased at 131,500 VND/kg.

The severe heat and drought in recent weeks has caused many coffee plantations in the Central Highlands to dry up. Meanwhile, the region will have to endure the heat for about another month before the rainy season begins.

In the first quarter of 2024, Vietnam exported about 579,449 tons of coffee, with an export turnover of about 1.93 billion USD. Although the volume increased by only 4.9%, the value increased sharply by 57.3% over the same period thanks to high export prices.