USD exchange rate today (June 6): Early morning of June 6, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD decreased sharply by 29 VND, currently at 23,693 VND.
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 0.02% to 104.00.
USD exchange rate in the world today
The dollar fell in the last trading session, after news showed that the US services sector barely grew in May as new orders slowed, ending an initial recovery driven by strong job growth.
DXY Index volatility chart over the past 24 hours. Photo: Marketwatch. |
The Institute for Supply Management (ISM) said its non-manufacturing PMI fell to 50.3 in May from 51.9 in April. A reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy . Economists had forecast the non-manufacturing PMI rising to 52.2.
Data released over the weekend showed that US employment growth increased by 339,000 jobs in May, but the unemployment rate rose to a seven-month high of 3.7%, suggesting the labor market is tightening. The greenback rose after the better-than-expected jobs report boosted expectations that the Federal Reserve could continue to raise interest rates as inflation remains high.
The US central bank is widely expected to keep interest rates on hold in June. Meanwhile, Fed funds futures traders are pricing in a 65% chance that the Fed will raise rates by at least 25 basis points in July.
Fed officials have stressed that any decision by the Fed to keep interest rates unchanged at its upcoming meeting does not mean the US central bank has completed tightening monetary policy.
May consumer price inflation data due on June 13 is the next major US economic data release.
In contrast, the euro rose 0.07 percent to $1.0712, just above its lowest since March 20 at $1.0635. The greenback fell 0.27 percent to 139.60 yen.
USD exchange rate today (June 6): USD is in red. Illustration photo: Reuters. |
Domestic USD exchange rate today
In the domestic market, at the end of the trading session on June 5, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD decreased by 29 VND, currently at: 23,693 VND.
* The reference exchange rate at the State Bank's transaction office has slightly decreased, currently at: 23,400 VND - 24,827 VND.
USD exchange rates at commercial banks are as follows:
USD exchange rate | Buy | Sell |
Vietcombank | 23,330 VND | 23,670 VND |
Vietinbank | 23,285 VND | 23,705 VND |
BIDV | 23,330 VND | 23,630 VND |
* The Euro exchange rate at the State Bank's exchange office for buying and selling slightly decreased to: 24,067 VND - 26,600 VND.
Euro exchange rates at commercial banks are as follows:
Euro exchange rate | Buy | Sell |
Vietcombank | 24,749 VND | 25,873 VND |
Vietinbank | 24,330 VND | 25,620 VND |
BIDV | 24,705 VND | 25,821 VND |
MINH ANH
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