In the international market, the US Dollar Index fell by 0.8 points to 104.08 – the lowest level in over a month.
On July 11, the US economic data for June showed that the Consumer Price Index (CPI), a key indicator of inflation, fell by 0.1% from the previous month. This was the first decline since May 2020. Year-over-year, the US CPI rose 3%, the lowest in over three years.
The data reinforced the trend of easing inflation, prompting expectations that the Federal Reserve will soon cut interest rates, reducing the demand for holding USD.
Source: SBV
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In Vietnam, the central exchange rate of the Vietnamese Dong to USD increased by 2 VND/USD compared to the previous session on July 5, reaching 24,248 VND/USD on July 12.
The State Bank of Vietnam (SBV) kept the immediate buying price unchanged at 23,400 VND/USD. Meanwhile, the selling price remained at 25,450 VND/USD since April 19. This is the intervention selling price that SBV announces for banks with negative foreign currency status to reset their status to zero.
Source: VCB
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Similarly, Vietcombank’s exchange rate also edged up by 2 VND/USD in both buying and selling, reaching 25,210-25,460 VND/USD.
 Source: VietstockFinance
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Khang Di
