The State Bank today (March 15) listed the central exchange rate at 23,979 VND/USD, an increase of 12 VND compared to yesterday's session.
Applying a 5% margin, commercial banks are allowed to trade at today's ceiling rate of VND25,178/USD and the floor rate of VND22,780/USD.
Currently, the USD selling price at banks has reached 24,900 VND/USD, surpassing the peak of 24,888 VND/USD recorded on October 25, 2022.
Specifically, at 4:00 p.m. on March 15, Vietcombank listed the USD price at 24,540 - 24,910 VND/USD (buy - sell), an increase of 60 VND/USD in both buying and selling compared to yesterday morning.
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VietinBank also raised the USD price by 50 VND/USD in both directions compared to yesterday morning, buying at 24,485 - 24,905 VND/USD (buying - selling).
BIDV listed USD price at 24,480 - 24,890 VND/USD (buy - sell).
Similarly, Techcombank listed USD at 24,565 - 24,908 VND/USD (buy - sell), up 55 VND/USD for buying and up 52 VND/USD for selling compared to yesterday morning.
In the free market, the USD price today also increased sharply after many days of decline. Specifically, the free USD price is commonly around 25,480 - 25,560 VND/USD (buy - sell). Compared to yesterday, the free USD price today increased by 120 VND/USD in both buying and selling directions.
Currently, the buying price of USD in the free market is still higher than that in commercial banks by over 900 VND. The selling price of USD in the free market is higher than that in banks by 565 - 654 VND.
In the international market, the dollar rose, boosted by data showing US producer prices rose more than expected last month and fewer people filed for unemployment benefits, suggesting the US Federal Reserve (Fed) may cut interest rates less this year.
The US Dollar Index (DXY) - measuring the greenback's fluctuations against six major currencies - at 11:14 a.m. on March 15 (Vietnam time) was at 103.44 points, up 0.08% from the previous session.
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