Foreign exchange rates today, June 1: USD, EUR, AUD, CAD, Japanese Yen, British Pound... US economy is about to stabilize, the greenback is slightly increasing. (Source: Rankred) |
Foreign exchange rates today 1/6
The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of June 1 was announced by the State Bank at 23,729 VND/USD, an increase of 15 VND compared to yesterday.
With the +/- 5% margin currently applied, the ceiling rate applied by banks today is 24,915 VND/USD and the floor rate is 22,542 VND/USD.
At commercial banks this morning, the price of USD and Chinese Yuan (CNY) both decreased.
At 8:15 a.m., the greenback price at Vietcombank was listed at 23,290 - 23,660 VND/USD (buy - sell), down 5 VND in both buying and selling compared to yesterday's closing price.
The listed CNY price is 3,235 - 3,373 VND/CNY (buy - sell), down 1 VND in both buying and selling compared to yesterday's closing price.
At BIDV , the USD price is listed at 23,345 - 23,645 VND/USD (buy - sell), down 5 VND in both buying and selling compared to yesterday's closing price.
The CNY price at this bank is listed at 3,250 - 3,359 VND/CNY (buy - sell), down 6 VND in both buying and selling compared to yesterday's closing price.
STT | Currency code | Currency name | Bank rate commerce Buy | Bank rate commerce Sell | *State Bank exchange rate Apply import and export from June 1-7 |
1 | EUR | Euro | 24,439.12 | 25,807.54 | 25,343.15 |
2 | JPY | Japanese Yen | 163.77 | 173.37 | 170.10 |
3 | GBP | British Pound | 28,326.12 | 29,533.92 | 29,367.42 |
4 | AUD | Australian Dollar | 14,836.08 | 15,468.67 | 15,397.50 |
5 | CAD | Canadian Dollar | 16,785.28 | 17,500.99 | 17,398.39 |
6 | RUB | Russian Ruble | 278.05 | 307.84 | 293.02 |
7 | KRW | Korean Won | 15.30 | 18.65 | 17.90 |
8 | INR | Indian Rupee | 283.35 | 294.72 | 286.87 |
9 | HKD | Hong Kong Dollar (China) | 2,923.19 | 3,047.84 | 3,027.64 |
10 | CNY | Chinese Yuan China | 3,250.00 | 3,359.00 | 3,341.18 |
(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) increased slightly by 0.06% to 104.23.
The greenback exchange rate on the world market increased, the Euro decreased, the Japanese Yen increased, and the CNY decreased.
Specifically, the greenback has slightly increased again, after falling from a more than two-month high, when a US Federal Reserve (Fed) official emphasized that, regardless of whether the US central bank keeps interest rates unchanged, it does not mean that the Fed has completed tightening monetary policy.
On May 31, Fed Governor Philip Jefferson said that skipping a rate hike would allow the Fed to “take a closer look at the data before making any additional policy decisions.”
Philadelphia Federal Reserve Bank President Patrick Harker said he favors “skipping” a rate hike at the central bank’s next meeting in June.
While a potential resolution to the U.S. debt ceiling is likely to send the greenback higher, an eventual deal could open the door for investors to seek riskier assets, given the fact that the U.S. economy is poised to stabilize, said Juan Perez, head of trading at Monex USA.
Elsewhere, the euro fell to $1.066 early in the session, its lowest since March 20, after data showed European inflation was cooling faster than expected. The currency was down 0.58 to $1.06735.
The Japanese yen rose 0.34% against the greenback, at 139.33/USD.
Analysts said gloomy economic data from China also boosted the US currency. A survey released on May 31 showed that China's manufacturing activity contracted faster than expected in May, the latest sign that the country's recovery from the impact of Covid-19 is slowing.
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