Foreign Currency Price On 24.2: USD Less Fluctuation, Euro Continued Going Down
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Foreign Currency Price On 24.2: USD Less Fluctuation, Euro Continued Going Down

03/12/2024

At the beginning of 24.2, Vietcombank kept the USD exchange rate as last weekend when buying VND 23,145 / USD and selling VND 23,315 / USD. In contrast, the Euro price at Vietcombank continued to drop by 418 dong to 24,573 dong / euro in the afternoon of buying but at an increase of 338 dong in the afternoon of selling to 25,696 dong / euro.

Similarly, the USD exchange rate at Eximbank early this week also stood still at the buying level of VND 23,170 / USD and sold VND 23,300 / USD like the end of the week. As for the exchange rate, Eximbank bought 24,970 dong / euro and sold 25,337 dong / euro, down 21 dong in both directions of buying and selling compared to the end of last week.
USD exchange rate on the world market is currently less volatile. At nearly 8 o'clock, the USD-Index according to Kitco stood at 99.44 points, increasing by 0.09 points compared to last week. Particularly, the exchange rate of euro against USD decreased by 0.07% to 1.0843. According to predictions of experts polled by Reuters, the euro will continue to depreciate in the near future due to the poor economic prospects that cause the European Central Bank (ECB) to continue to maintain the interest rate policy. negative this week and the current quantitative easing. This week the world USD rate will depend on the psychological index of US consumers that will be released on February 25; Durable orders data was released on February 27 and core PCE price index was released on February 28.

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