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 rose against other currencies in the last trading session, after newly released economic data showed positive US manufacturing and construction conditions 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 continued to show tight labor market conditions despite the Fed's aggressive rate hikes.

The dollar initially slipped on the reports, but has since 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 session at $1.2774, down 0.49% on the day. Currency markets are now pricing in 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. Illustration photo: Reuters

Domestic USD exchange rate today

In the domestic market, at the end of the trading session on August 1, 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 transaction office has slightly decreased, currently at: 23,400 VND - 24,894 VND.

USD exchange rates at commercial banks are as follows:

USD exchange rate

Buy

Sell

Vietcombank

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 exchange office for buying and selling slightly decreased to: 24,808 VND - 27,419 VND.

Euro exchange rates at commercial banks are as follows:

Euro exchange rate

Buy

Sell

Vietcombank

25,571 VND

26,733 VND

Vietinbank

25,254 VND

26,544 VND

BIDV

25,589 VND

26,741 VND

MINH ANH

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