USD exchange rate today (August 2): Early morning of August 2, 2023, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD decreased by 1 VND, currently at 23,757 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) increased slightly by 0.11%, reaching 101.96.
USD exchange rate today in the world
The US dollar gained against other currencies in the last trading session, after newly released economic data showed positive US manufacturing and construction situation in June.
DXY Index volatility chart over the past 24 hours. Photo: Marketwatch |
Federal Reserve data in June showed factory activity rebounded in the second quarter, ending two straight quarters of declines. Meanwhile, the Commerce Department said U.S. construction spending also rose sharply last month and May data was revised higher.
In addition, the monthly job openings and labor turnover surveys still showed tight labor market conditions despite the Fed's aggressive rate hikes.
The US dollar initially slipped on the reports, but later rebounded.
The Japanese yen has been volatile since late last week, after the Bank of Japan began “slowly” adjusting its yield curve control policy, further pressuring the currency. The yen weakened 0.75% to 143.30 per dollar.
Ed Moya, senior market analyst at OANDA in New York, said that Japan's yield curve control policy adjustment will be the focus of the market for the rest of the year.
Meanwhile, the euro also fell 0.12 percent to $1.098, as markets are now pricing in a pause in interest rate hikes by the European Central Bank, as inflation in the eurozone continued to fall in July.
The pound ended the trading session at $1.2774, down 0.49% on the day. Currency markets are now betting on a 60% chance that the Bank of England will raise interest rates by 25 basis points at its policy meeting on August 4.
USD exchange rate today August 2, 2023: USD increases to approach 101 mark. Illustration photo: Reuters |
Domestic USD exchange rate today
In the domestic market, at the end of the August 1 trading session, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD decreased by 1 VND, currently at: 23,757 VND.
* The reference exchange rate at the State Bank's buying and selling exchange center has slightly decreased, currently at: 23,400 VND - 24,894 VND.
USD exchange rates at commercial banks for buying and selling are as follows:
USD exchange rate | Buy | Sell out |
23,520 VND | 23,860 VND | |
Vietinbank | 23,480 VND | 23,900 VND |
BIDV | 23,550 VND | 23,850 VND |
* The Euro exchange rate at the State Bank's buying and selling exchange center decreased slightly to: 24,808 VND - 27,419 VND.
Euro exchange rates at commercial banks for buying and selling are as follows:
Euro exchange rate | Buy | Sell out |
Vietcombank | 25,571 VND | 26,733 VND |
Vietinbank | 25,254 VND | 26,544 VND |
BIDV | 25,589 VND | 26,741 VND |
MINH ANH
*Please visit the Economics section to see related news and articles.
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