Meanwhile, 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 slightly by 0.15% to 104.06.

USD exchange rate in the world today

The US dollar turned down in the last trading session, after US President Joe Biden and House Speaker Kevin McCarthy reached an agreement to temporarily remove the public debt limit, while cutting some federal government spending for 2 years, to prevent default.

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 currently awaiting Congressional approval.

DXY Index volatility chart over the past 24 hours. Photo: Marketwatch.

Adam Button, chief currency analyst at ForexLive, theorized that the greenback's decline despite the debt ceiling deal could lead to profit-taking at the end of the month.

The market is now awaiting non-farm payrolls data due later this week, which will provide a clearer picture of the strength of the US labor market.

In contrast, the euro rose 0.12% to $1.0718, after hitting a two-month low; meanwhile, the British pound was last trading at $1.2391, up 0.26% on the day.

The Japanese yen also rose 0.42 percent against the greenback in the previous session, to 139.85 after Japanese officials raised the value of their currency.

Japan will closely monitor currency market movements and will respond “appropriately” as needed to counter the yen’s decline to a six-month low against the dollar.

USD exchange rate today (May 31): World USD turns to decrease. Illustration photo: Reuters.

Domestic USD exchange rate today

In the domestic market, at the end of the trading session on May 30, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 2 VND, currently at: 23,714 VND.

* The reference exchange rate at the State Bank's transaction office increased slightly, currently at: 23,400 VND - 24,849 VND.

USD exchange rates at commercial banks are as follows:

USD exchange rate

Buy

Sell

Vietcombank

23,315 VND

23,655 VND

Vietinbank

23,265 VND

23,685 VND

BIDV

23,335 VND

23,635 VND

* The Euro exchange rate at the State Bank's exchange office for buying and selling slightly decreased to: 24,142 VND - 26,684 VND.

Euro exchange rates at commercial banks are as follows:

Euro exchange rate

Buy

Sell

Vietcombank

24,714 VND

25,836 VND

Vietinbank

24,320 VND

25,610 VND

BIDV

24,715 VND

25,831 VND

MINH ANH