 |
| Foreign exchange rates today, June 16: USD, EUR, Japanese Yen, British Pound... Fed keeps interest rates unchanged, EU curbs inflation, greenback falls dramatically. (Source: Reuters) |
The central exchange rate between Vietnamese Dong (VND) and USD on the morning of June 16 was announced by the State Bank at 23,711 VND, an increase of 7 VND compared to yesterday.
With a +/- 5% margin being applied, the ceiling rate applied by banks today is 24,896 VND/USD and the floor rate is 22,525 VND/USD.
At commercial banks this morning, the USD price decreased, while the Chinese Yuan (CNY) increased.
At 8:15 a.m., at BIDV , the USD price was listed at 23,380-23,680 VND/USD (buy-sell), down 10 VND in both buying and selling compared to the close of yesterday's trading session.
The price of CNY at this bank is listed at 3,250-3,360 VND/CNY (buy-sell), an increase of 15 VND for buying and 17 VND for selling compared to the end of yesterday's trading session.
The greenback price at Vietcombank was listed at 23,330-23,700 VND/USD (buy-sell), unchanged from the close of yesterday's trading session.
The listed CNY price is 3,236-3,375 VND/CNY (buy-sell), up 17 VND for buying and 18 VND for selling compared to the close of yesterday's trading session.
| STT | Currency code | Currency name | Bank exchange rate commerce Buy | Bank exchange rate commerce Sell out | *State Bank exchange rate Apply for import and export from June 15-21 |
| 1 | EUR | Euro | 24,775.89 | 26,163.10 | 25,558.08 |
| 2 | JPY | Japanese Yen | 161.97 | 171.47 | 169.12 |
| 3 | GBP | British Pound | 28,989.64 | 30,225.66 | 29,873.85 |
| 4 | AUD | Australian Dollar | 15,587.24 | 16,251.82 | 16,030.68 |
| 5 | CAD | Canadian Dollar | 17,181.88 | 17,914.45 | 17,796.8 |
| 6 | RUB | Russian Ruble | 265.45 | 293.89 | 279.48 |
| 7 | KRW | South Korean Won | 15.88 | 19.35 | 18.54 |
| 8 | INR | Indian Rupee | 285.40 | 296.85 | 287.93 |
| 9 | HKD | Hong Kong Dollar (China) | 2,929.68 | 3,054.60 | 3,026.43 |
| 10 | CNY | Chinese Yuan China | 3,236.00 | 3,375.00 | 3,307.65 |
(Source: State Bank, Vietcombank)
Exchange rate developments in the world market
In the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.81% to 102.13.
Specifically, the greenback exchange rate fell dramatically, while the Euro increased.
The greenback fell sharply after the European Central Bank (ECB) raised interest rates, a day after the US Federal Reserve (Fed) paused interest rate hikes.
On June 13, the Fed held its June policy meeting, deciding to keep its benchmark interest rate at 5.00% - 5.25%, while signaling that it would need to raise interest rates further this year.
Additionally, a separate report from the US Department of Labor on June 15 showed that initial claims for unemployment benefits were unchanged at 262,000, but exceeded economists' forecasts of 249,000 claims for unemployment benefits last week.
Elsewhere, the euro rose 1.1% in the previous session to $1.0948 after hitting a five-week high against the dollar at $1.0952. Against the Japanese yen, the euro rose 1.2% to 153.68 yen, its highest since September 2008, after the ECB's decision.
The euro hit a 15-year high against the yen and a five-week high against the dollar on Friday after the ECB raised interest rates for the eighth time in a row and signaled the need for further tightening to bring eurozone inflation back to its 2% target. The ECB raised interest rates by 25 basis points (bps) as expected, taking them to 3.5% - a 22-year high.
There were elements of resolve in the ECB's latest press conference, particularly the upward revision of the 2025 inflation forecast, Deutsche Bank said.
The ECB's move comes a day after the US Federal Reserve (Fed) left interest rates unchanged. The Fed's policy decision snapped a streak of 10 consecutive rate hikes, but forecasts point to two more hikes by the end of 2023.
Meanwhile, the Bank of Japan will hold its policy meeting today, June 16, where it is expected to maintain an extremely dovish stance.
Source
![[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)