USD exchange rate today (June 4): The US dollar maintains its upward trend.

Today's USD exchange rate (June 4th): Early this morning, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the USD increased by 4 dong, currently at 25,145 dong.

Báo Quân đội Nhân dân•03/06/2026

In the US market, the US Dollar Index (DXY), which measures the fluctuations of the US dollar against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), rose 0.32%, currently standing at 99.54.

Chart showing the fluctuations of the DXY index over the past 24 hours. Image: Market Watch

Today's USD exchange rate worldwide

The underlying strength of the US dollar pushed the Japanese yen back to the crucial 160 yen/USD level in Wednesday's trading session, prompting Japanese authorities to issue warnings and maintain a state of readiness to intervene in the market. Meanwhile, new tensions in the Gulf region continued to fuel demand for the greenback.

The U.S. reported that Iran launched ballistic missiles toward neighboring countries in the region, but none hit their targets. In response, U.S. forces conducted airstrikes on Iran's Qeshm Island.

The latest developments in the Middle East have increased demand for safe-haven assets, including the US dollar, thereby putting further pressure on the Japanese yen and many other major currencies in the foreign exchange market.

Diplomatic negotiations between Iran and the US remain deadlocked, keeping market sentiment cautious. The US dollar typically strengthens when conflict escalates, driven by demand for safe-haven assets and the US economy's reduced sensitivity to energy price shocks. Meanwhile, the Japanese yen is often under downward pressure when oil prices rise due to Japan's heavy reliance on imported energy.

In Wednesday's trading session, the yen fell to the crucial psychological level of 160 yen/USD, a level that Japanese authorities have repeatedly intervened to support the domestic currency. This development wiped out the gains the yen had achieved after Tokyo's 11.7 trillion yen (equivalent to $73 billion) intervention a month ago to prop up the weakening currency.

Marc Chandler, chief strategist at Bannockburn Global Forex, commented: “Everyone understands that the risk of Bank of Japan (BOJ) intervention has increased, but that doesn’t seem to be enough to deter speculators. The record-breaking intervention in late April and May brought the exchange rate down, but now we’re back to the old level. While Japan thinks they bought something from that intervention, they clearly didn’t buy much time either.”

At the close of trading, the US dollar rose 0.07% against the yen, to 160.015 yen/USD.

In other markets, the euro fell 0.27% to 1.15995 USD/EUR, while the British pound declined 0.34% to 1.3419 USD/pound.

The protracted conflict in the Middle East, coupled with persistently high energy prices, has led investors to increasingly bet on the likelihood that major central banks around the world will continue to tighten monetary policy this year. This represents a significant shift from the interest rate cuts that the market had priced in before the conflict erupted.

Investors are currently pricing in the possibility of the Federal Reserve (Fed) raising interest rates by a total of approximately 19 basis points between now and December. The market has also fully reflected the possibility of the Fed implementing a 0.25 percentage point rate hike in March of next year.

In the currency market, the Australian dollar (AUD) fell 0.69% to 0.713 USD/AUD, while the New Zealand dollar (NZD) dropped 1.02% to 0.5865 USD/NZD.

The US dollar continues its upward trend. (Illustration: Reuters)

Domestic USD exchange rate today

On the domestic market, at the beginning of today's trading session (June 4th), the State Bank of Vietnam announced the central exchange rate of the Vietnamese Dong against the US Dollar at 25,145 VND.

The USD exchange rate at the State Bank of Vietnam's exchange floor increased, currently standing at 23,938 VND - 26,352 VND for buying and selling respectively.

The USD exchange rates at commercial banks for buying and selling are as follows:

USD exchange rate	Buy	Sell
Vietcombank	26,092 VND	26,402 VND
Vietinbank	26,145 VND	26,402 VND
MB	26,122 VND	26,402 VND

The EUR exchange rate at the State Bank of Vietnam's exchange floor continues to fall, currently standing at 27,775 VND - 30,699 VND for buying and selling respectively.

The EUR exchange rates at commercial banks for buying and selling are as follows:

EUR exchange rate	Buy	Sell
Vietcombank	29,841 VND	31,414 VND
Vietinbank	30,102 VND	31,462 VND
MB	30,142 VND	31,482 VND

The Japanese yen exchange rate at the State Bank of Vietnam's exchange desk saw a slight decrease in buying and selling rates, currently standing at 149 dong - 165 dong.

The Japanese Yen exchange rates at commercial banks for buying and selling are as follows: