Which is the most sensitive currency pair?

Foreign exchange rates, USD/VND exchange rate today, August 30, recorded the USD rising thanks to new US economic data.

Foreign exchange rate update table - Vietcombank USD exchange rate today

1. VCB - Updated: August 30, 2024 08:28 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
AUSTRALIAN DOLLAR	AUD	16,477.44	16,643.88	17,178.40
CANADIAN DOLLAR	CAD	17,983.89	18,165.55	18,748.93
SWISS FRANC	CHF	28,627.73	28,916.90	29,845.56
YUAN RENMINBI	CNY	3,433.43	3,468.11	3,580.03
DANISH KRONE	DKK	-	3,628.54	3,767.61
EURO	EUR	26,865.24	27,136.60	28,339.22
Sterling Pound	GBP	31,919.74	32,242.16	33,277.62
HONGKONG DOLLAR	HKD	3,110.27	3,141.69	3,242.58
INDIAN RUPEE	INR	-	295.82	307.66
YEN	JPY	166.59	168.27	176.32
KOREAN WON	KRW	16.12	17.91	19.54
KUWAITIAN DINAR	KWD	-	81,345.51	84,600.36
MALAYSIAN RINGGIT	MYR	-	5,702.93	5,827.51
NORWEGIAN KRONER	NOK	-	2,321.17	2,419.80
RUSSIAN RUBLE	RUB	-	258.77	286.47
SAUDI RIAL	SAR	-	6,612.05	6,876.61
SWEDISH KRONA	SEK	-	2,385.35	2,486.71
SINGAPORE DOLLAR	SGD	18,617.69	18,805.75	19,409.70
THAILAND	THB	647.76	719.73	747.32
US DOLLAR	USD	24,680.00	24,710.00	25,050.00

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 7:30 a.m. on August 30, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,221 VND, an increase of 9 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 24,660 VND - 25,030 VND.

Vietinbank : 24,570 VND - 25,020 VND.

Foreign exchange rates, USD/VND exchange rate today August 30: Which is the most sensitive currency pair? (Source: Vneconomy)

Exchange rate developments in the world market

The Dollar Index (DXY), which measures the USD against six major currencies (Euro, JPY, GBP, CAD, SEK, CHF), stopped at 101.27, up 0.28%.

The dollar rose for a second straight session as new data showed the world's largest economy grew faster than expected in the second quarter of 2024, dampening expectations for a larger 50 basis point interest rate cut next month from the US Federal Reserve.

The report also raised expectations that the US could avoid a full recession or experience only a mild one, analysts said.

The dollar rose to a one-week high of 145.55 against the yen, and was last up 0.1 percent at 144.77 yen, according to U.S. data. The USD/yen pair is the most sensitive, moving in tandem with the yield on two-year U.S. Treasury notes.

Meanwhile, the euro fell 0.4% to $1.1077. For the week, the euro fell 1.04%, its biggest weekly decline since early April. The euro was generally weakened by inflation data from Germany and Spain, which raised expectations that the European Central Bank will be aggressive in easing interest rates.

Data released on August 29 showed that the US gross domestic product (GDP) grew at an annual rate of 3% in the second quarter, according to estimates from the US Department of Commerce's Bureau of Economic Analysis, up from 2.8% the previous month and higher than the 1.4% increase in the first quarter.

In another report, jobless claims fell 2,000 to a seasonally adjusted 231,000 in the third week of August, below economists' forecasts of 232,000.

Since the beginning of August, the USD has fallen about 2.7%, on track for its biggest monthly decline since November 2023.

Investors are now awaiting the release of the US Core Personal Consumption Expenditures (PCE) Index data on August 30, which could provide further clues on the size of the September rate cut, including the pace of the upcoming easing cycle.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-308-dau-la-cap-tien-te-nhay-cam-nhat-284267.html