On the morning of January 21, the USD price recorded a week of high increase. For example, Eximbank bought at 24,320 VND and sold at 24,720 VND, an increase of 70 - 80 VND compared to the end of last week; Vietcombank bought at 24,345 VND and sold at 24,715 VND, an increase of 85 VND after a week...
On the contrary, the euro price went down after a week. For example, Vietcombank bought at 26,010 VND and sold at 27,438 VND, a decrease of 134 VND. Or the Japanese yen also decreased by 3.55 VND when Vietcombank bought at 160.09 VND and sold at 169.45 VND...
USD price increased during the week
The international USD price recorded a strong week when the USD-Index stood above 103 points. Compared to the end of last week, the USD-Index increased by nearly 1%. The greenback recorded its second consecutive week of increase after many officials of the US Federal Reserve (Fed) said that the Fed needs more time to start cutting interest rates.
In addition, positive US economic data for December 2023 has reduced investors' expectations that the Fed may start cutting interest rates from March. For example, US labor market data is very good, with weekly unemployment claims falling to their lowest level in nearly a year and a half. Or previous data showed that US retail sales increased more than expected in December 2023....
Along with the greenback's rise, the yield on the two-year US government bond increased by 0.22 percentage points this week to 4.3587%. Strategist Jane Foley of Rabobank said that the market has realized that raising interest rates will not be easy for the Fed and some other central banks in the coming months. That has been reflected in the rising trend of the USD or the exchange rate of USD/JPY...
Source link
![[Photo] Binh Trieu 1 Bridge has been completed, raised by 1.1m, and will open to traffic at the end of November.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/2/a6549e2a3b5848a1ba76a1ded6141fae)
Comment (0)