Exchange rates of USD, EUR, AUD, CAD, Japanese Yen, British Pound... The US temporarily removed the public debt limit, the greenback continued to increase

Update foreign exchange rates today, May 30, USD, EUR, AUD, CAD, Pound, Japanese Yen, exchange rates... The US temporarily removed the public debt limit, the greenback continued to increase, the Euro continued to decrease.

Tỷ giá ngoại tệ hôm nay 30/5: Tỷ giá USD, EUR, AUD, CAD, Yên Nhật, Bảng Anh...

Foreign exchange rates today, May 30: USD, EUR, AUD, CAD, Japanese Yen, British Pound... US temporarily removes public debt limit, greenback continues to rise. (Source: Shutterstock)

Foreign exchange rates today 5/30

The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of May 30 was announced by the State Bank at 23,714 VND/USD, an increase of 2 VND compared to yesterday.

With the +/- 5% margin currently applied, the ceiling rate applied by banks today is 24,899 VND/USD and the floor rate is 22,528 VND/USD.

At commercial banks this morning, the prices of USD and Chinese Yuan (CNY) decreased.

At 8:30 a.m., at BIDV , the USD price was listed at 23,320 - 23,620 VND/USD (buy - sell), down 5 VND in both buying and selling compared to yesterday's closing price.

The price of CNY at this bank is listed at 3,264-3,374 VND/CNY (buy-sell), down 4 VND for buying and 3 VND for selling compared to the closing price at the end of yesterday's session.

The greenback price at Vietcombank is listed at 23,280-23,650 VND/USD (buy-sell), unchanged from yesterday's closing price.

The listed CNY price is 3,250-3,389 VND/CNY (buy-sell), down 5 VND for buying and 6 VND for 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 for import and export from May 25 to May 31
1	EUR	Euro	24,502.28	25,874.28	25,524.25
2	JPY	Japanese Yen	162.61	172.15	170.77
3	GBP	British Pound	28,257.08	29,461.99	29,481.84
4	AUD	Australian Dollar	14,946.05	15,583.36	15,591.18
5	CAD	Canadian Dollar	16,831.57	17,549.28	17,509.98
6	RUB	Russian Ruble	278.31	308.13	295.68
7	KRW	Korean Won	15.35	18.70	17.97
8	INR	Indian Rupee	283.38	294.75	286.30
9	HKD	Hong Kong Dollar (China)	2,921.95	3,046.54	3,023.27
10	CNY	Chinese Yuan China	3,250.00	3,389.00	3,379.56

(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 104.27.

The greenback continued to rise today, while the euro fell. The US dollar rose slightly, after falling slightly earlier in the session as the US debt ceiling deal increased risk appetite in global markets and reduced the greenback's safe-haven appeal.

On May 28, US President Joe Biden completed a budget deal with House Speaker Kevin McCarthy. Specifically, the two sides agreed to temporarily remove the public debt limit and cut some federal government spending for 2 years. Accordingly, the US government's borrowing will be allowed to exceed the $31.4 trillion ceiling until January 1, 2025, after the next presidential election in this country. This agreement is ready to be sent to Congress for a vote.

“Market focus will quickly shift to the fact that reaching a deal is just one step in the process as it awaits approval by Congress,” said Charu Chanana, market strategist at Saxo Markets in Singapore.

US Treasury Secretary Janet Yellen said on June 26 that the government will default if Congress does not raise the $31.4 trillion debt ceiling by June 5.

Data released late last week also showed that US consumer spending rose more than expected in April and inflation picked up. Money markets are pricing in a 62% chance of the US Federal Reserve raising interest rates by 25 basis points in June, up from 26% last week.

Elsewhere, the euro fell 0.2 percent to $1.0709. Global optimism pushed the risk-sensitive AUD and NZD to six-month lows last week.

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