Exchange rates of USD, Euro, AUD, CAD, Japanese Yen, British Pound... The greenback hits a 2-month low

Tỷ giá ngoại tệ hôm nay 5/4: Tỷ giá USD, Euro, AUD, CAD, Yen Nhật, Bảng Anh... Đồng bạc xanh trượt dài theo đà kinh tế Mỹ

Foreign exchange rates today, April 5: USD, Euro, AUD, CAD, Japanese Yen, British Pound... The greenback decreased. (Source: Reuters)

Foreign exchange rates today 4/5

The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of April 5 was announced by the State Bank at 23,602 VND/USD, unchanged from yesterday.

With the +/- 5% margin currently applied, the ceiling rate applied by banks today is 24,782 VND/USD and the floor rate is 22,422 VND/USD.

This morning, at commercial banks, the prices of USD and Chinese Yuan (CNY) increased together.

At 8:15 a.m. at Vietcombank , the greenback was listed at 23,270 - 23,640 VND/USD (buy - sell), up 5 VND in both buying and selling compared to yesterday's closing price.

The listed CNY price is 3,341 - 3,486 VND/CNY (buy - sell), up 2 VND for buying and 4 VND for selling compared to the end of yesterday's session.

The USD price at BIDV is listed at 23,320 - 23,620 VND/USD (buy - sell), unchanged from the end of yesterday's session.

The price of CNY at this bank is listed at 3,355 - 3,469 VND/CNY (buy - sell), unchanged in the buying direction, but increased by 2 VND in the selling direction compared to the end of yesterday's session.

STT	Currency code	Currency name	Bank rate commerce Buy	Bank rate commerce Sell	*State Bank exchange rate Apply for import and export from March 30 to April 5 (to illuminate)
1	EUR	Euro	24,945.16	26,341.97	25,562.05
2	JPY	Japanese Yen	171.96	182.05	178.93
3	GBP	British Pound	28,420.24	29,632.12	29,078.9
4	AUD	Australian Dollar	15,448.12	16,106.85	15,750.28
5	CAD	Canadian Dollar	17,034.82	17,761.20	17,339.85
6	RUB	Russian Ruble	281.75	311.94	306.53
7	KRW	Korean Won	15.43	18.80	18.11
8	INR	Indian Rupee	284.85	296.28	286.71
9	HKD	Hong Kong Dollar (China)	2,913.28	3,037.51	3,006.98
10	CNY	Chinese Yuan China	3,355.00	3,469.00	3,426.39

(Source: State Bank, Vietcombank)

Exchange rate developments in the world market

At the beginning of the trading session, in the US market, the DXY (US Dollar Index) measuring the fluctuations of the greenback against 6 key currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.52%, to 101.57.

Today, in the world, the greenback exchange rate hit a 2-month low, the Euro continued to increase.

The dollar fell to a two-month low on Tuesday as a weakening US economy led investors to believe the Federal Reserve was close to completing its tightening cycle even as other central banks continued to raise interest rates to curb inflation.

New data showed US job openings fell to their lowest level in nearly two years in February, while factory orders continued to decline, weakening the dollar.

Specifically, according to the Monthly Job Openings and Labor Turnover Survey, job openings, a measure of labor demand, fell to 9.9 million jobs in February, the lowest level since May 2021.

“The new data shows that the labor market is tightening, which has led to a decline in the dollar,” said Vassili Serebriakov, a foreign exchange strategist at UBS in New York.

Meanwhile, the yield on the US two-year Treasury note, which tends to reflect interest rate expectations, fell 12 basis points (bps) to 3.86%. In March, the two-year yield fell nearly 74 bps - its worst monthly decline since January 2008 amid the global financial crisis.

US factory orders also fell for a second straight month, falling 0.7% in February, after falling 2.1% in January.

The interest rate futures market is currently pricing in a 25 basis point rate hike in May, with the remainder leaning toward a pause. The market has also priced in a rate cut by the Fed in late December.

Elsewhere, the euro hit a two-month high of $1.0973 on expectations that the European Central Bank will deliver more interest rate hikes.