Continuing the downward trend from last week

The dollar continued to fall when the US President approved a $ 40 billion aid bill for Ukraine.

On the international market, the USD index reached 102.935, down 0.23% at 6:39 am, May 23, Vietnam time.

On May 21, the White House announced that US President Joe Biden had signed into law a nearly $40 billion aid bill for Ukraine.

This is the largest emergency military, economic and humanitarian aid package from the US to Ukraine since Russia launched a special military operation in Ukraine at the end of February.

Earlier, on May 19, the US Senate passed the bill after the House approved the aid package for Ukraine last week.

The USD has received a lot of support in recent months thanks to the safe-haven sentiment of the market amid soaring inflation, aggressive tightening policy by the US Federal Reserve (Fed) and conflict with Russia. – Ukraine.

By Investing, speculators’ net long positions in the dollar fell sharply after hitting their highest levels since late November last week, according to US Commodity Futures Trading Commission data on Friday. Net buying fell to $19.75 billion in the week ending May 17 from $19.82 billion the week before.

The USD fell right at the opening of trading at the beginning of the week

On May 20, the State Bank of Vietnam (SBV) announced the central exchange rate at 23,145 VND/USD, an increase of 3 VND compared to the listed level yesterday.

The reference selling rate at the SBV’s Exchange is at 22,550 – 23,250 VND/USD.

The buying price for USD at banks is currently in the range of 23,000 – 23,060 VND/USD, while the selling price is at 23,270 – 23,426 VND/USD.

On the “black market”, the USD is traded at 23,900 – 23,950 VND/USD.