USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... Global growth worsens, greenback a safe haven

Foreign exchange rates today, September 6: USD, EUR, CAD, Japanese Yen, British Pound, exchange rates... Global growth is deteriorating, so the greenback, a safe haven, has increased sharply. British Pound, Japanese Yen, and even AUD have also decreased.

Tỷ giá ngoại tệ hôm nay 6/9: Tỷ giá USD, EUR, CAD, Yen Nhật, Bảng Anh, tỷ giá hối đoái... Các đồng tiền châu Âu tăng

The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of September 6 was announced by the State Bank at 23,991 VND/USD, 32 VND compared to yesterday.

STT	Currency code	Currency name	Bank rate commerce Buy	Bank rate commerce Sell	*State Bank exchange rate Apply import and export from August 31 to September 6
1	EUR	Euro	25,196.11	26,616.91	26,056.89
2	JPY	Japanese Yen	159.68	169.13	164.02
3	GBP	British Pound	29,387.65	30,652.21	30,279.42
4	AUD	Australian Dollar	14,947.01	15,590.18	15,511.37
5	CAD	Canadian Dollar	17,166.62	17,905.30	17,677.68
6	RUB	Russian Ruble	234.73	259.98	251.29
7	KRW	Korean Won	15.61	19.02	18.14
8	INR	Indian Rupee	289.00	300.70	290.07
9	HKD	Hong Kong Dollar (China)	2,990.95	3,119.66	3,056.16
10	CNY	Chinese Yuan China	3,257.00	3,365.00	3,282.06

(Source: State Bank, Vietcombank )

Exchange rate developments in the world market

In the US market, the US Dollar Index (DXY), which measures the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), increased by 0.54% to 104.78.

The greenback exchange rate in the world today increased sharply, other currencies such as the British Pound, Euro and Japanese Yen all decreased.

The US dollar rose to a near six-month high against a basket of currencies in the previous session, as worries about global growth sent investors flocking to the safe-haven US currency.

China's services activity grew at its slowest pace in eight months in August, a private sector survey showed, as weak demand continued to weigh on the world's second-largest economy .

Meanwhile, business activity in the euro zone also contracted faster than expected in August.

“Rising concerns about slowing global growth, particularly in China and Europe, have helped the greenback become a safe haven,” said Joe Manimbo, senior market analyst at Convera in Washington. “At the same time, rising inflation in the U.S. is dampening expectations that the Fed will cut interest rates soon.”

Federal Reserve Governor Christopher Waller said on September 5 that the latest economic data has forced the US central bank to consider carefully before making any interest rate decisions in the near future.

Elsewhere, the euro fell 0.69% after hitting a near three-month low against the dollar, currently at $1.07225.

The dollar rose to a 10-month high against the yen of 147.8 yen, as traders awaited any signs that the Japanese government was ready to intervene to support its currency, as it did last year.

The worsening global growth picture pushed sterling to a 12-week low against the dollar after a survey showed UK business activity contracted last month. Sterling fell 0.5% in the previous session to $1.2565.

The AUD fell after the Reserve Bank of Australia kept interest rates steady.

Source