USD, EUR, CAD, Japanese Yen, Pound exchange rates... The greenback slightly decreased, the Japanese Yen increased, paving the way for the government to increase interest rates.

Foreign exchange rates today, October 31: USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... The greenback decreased, other major currencies increased, especially the Japanese Yen increased, paving the way for an increase in interest rates on 10-year Japanese government bonds.

Tỷ giá ngoại tệ hôm nay 31/10: Tỷ giá USD, EUR, CAD, Yen Nhật, Bảng Anh, tỷ giá hối đoái... Đồng bạc xanh có xu hướng tăng khá rõ ràng

Foreign exchange rates today, October 31: USD, EUR, CAD, Japanese Yen, Pound... The greenback slightly decreased, the Japanese Yen increased, paving the way for the Japanese government to increase interest rates. (Source: Indian Times)

The central foreign exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of October 30 was announced by the State Bank at 24,087 VND/USD, continuing to decrease by 10 VND/USD compared to the previous day.

Domestic market: At commercial banks on the morning of October 30, specifically as follows:

Vietcombank :

USD exchange rate for buying is 24,360 VND/USD, selling is 24,730 VND/USD.

EUR exchange rate for buying is 25,394 VND/EUR and selling is 26,788 VND/EUR.

BIDV Bank:

USD exchange rate for buying is 24,420 VND/USD, selling is 24,720 VND/USD.

EUR exchange rate for buying is 25,587 VND/EUR, selling is 26,789 VND/EUR.

STT	Currency code	Currency name	Bank rate commerce Buy	Bank rate commerce Sell	*State Bank exchange rate Apply for import and export from October 26 to November 1
1	EUR	Euro	25,394.71	26,788.57	25,524.99
2	JPY	Japanese Yen	159.84	169.20	161.00
3	GBP	British Pound	29,099.10	30,337.62	29,294.61
4	AUD	Australian Dollar	15,245.92	15,894.82	15,360.28
5	CAD	Canadian Dollar	17,540.35	18,286.91	17,522.92
6	RUB	Russian Ruble	252.53	279.56	258.46
7	KRW	Korean Won	15.76	19.11	17.86
8	INR	Indian Rupee	294.17	305.95	289.75
9	HKD	Hong Kong Dollar (China)	3,060.74	3,191.01	3,078.72
10	CNY	Chinese Yuan China	3,289.04	3,429.54	3,294.13

(Source: State Bank and commercial banks)

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) decreased by 0.42% to 106.14.

The greenback exchange rate fell today in the world, other key currencies increased, especially the Japanese Yen increased, paving the way for an increase in the interest rate of 10-year Japanese government bonds.

Specifically, the greenback turned down at the beginning of the week due to the impact of the increase in the price of the Euro.

The greenback extended its slight decline after the US Treasury announced on October 30 that it estimated borrowing at $776 billion in the fourth quarter, lower than the forecast of $852 billion due to expectations of higher revenues.

The US Federal Reserve (Fed) and the Bank of England (BoE) are both expected to keep interest rates steady this weekend, so the focus will be on the message from policymakers.

US non-farm payrolls data due later this week will also be crucial to the Fed’s path to raising interest rates. Wall Street economists expect 188,000 new jobs in the US in October, according to a Reuters poll.

In other developments, the euro rose 0.5% to $1.0615. The British pound rose 0.4% to $1.2164.

The Japanese yen rose to a two-week high against the dollar after a report that the Bank of Japan (BOJ) is considering adjusting its yield curve control policy to pave the way for a rise in the yield on 10-year Japanese government bonds above 1% at its policy meeting on October 31. The Nikkei report pushed the yen to 148.81 yen per dollar, its highest since October 17. The greenback fell 0.4% to 149.065 yen.

Rising global interest rates have added to the pressure on the BOJ, which began its two-day monetary policy meeting on Oct. 30 amid expectations of a change in its policy to control bond yields. “If the BOJ does not make any new moves after this meeting, the dollar will rise again against the yen,” said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York.

Markets are also awaiting interest rate decisions from the Fed and the BOE. A series of purchasing managers surveys, euro zone GDP and inflation data and US non-farm payrolls are also due this week.

Source