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 0.01%, reaching 102.52.

USD exchange rate in the world today

The dollar edged higher against the euro on Tuesday after data showed U.S. housing starts picking up, as traders await Federal Reserve Chairman Jerome Powell’s congressional testimony later this week for more clarity on the outlook for monetary policy.

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

US homebuilding rose to its highest level in more than a year in May, suggesting the housing market may be turning around after being hammered by the Fed’s “massive” rate hikes. The housing market has been hit hardest since the Fed’s fastest monetary tightening campaign since the 1980s began.

Traders are now awaiting Fed Chairman Powell's testimony before the US House of Representatives Financial Services Committee today, June 21.

“If Powell remains adamant that the central bank is not done raising rates yet, that could help stabilize the dollar after the big declines we saw last week,” said Joe Manimbo, senior market analyst at Convera.

In contrast, the euro fell 0.03 percent to $1.0918 against the greenback after rising to $1.0946 earlier in the session. Meanwhile, the dollar fell 0.44 percent against the Japanese yen.

The pound fell 0.23 percent against the greenback to $1.27605, ahead of UK inflation data due today, June 21, and the Bank of England's interest rate decision at its policy meeting tomorrow, June 22.

USD exchange rate today (June 21): Domestic USD rebounds. Illustration photo: Reuters.

Domestic USD exchange rate today

In the domestic market, at the end of the trading session on June 20, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 21 VND, currently at: 23,718 VND.

* The reference exchange rate at the State Bank's transaction office has slightly decreased, currently at: 23,400 VND - 24,853 VND.

USD exchange rates at commercial banks are as follows:

USD exchange rate

Buy

Sell

Vietcombank

23,350 VND

23,690 VND

Vietinbank

23,317 VND

23,737 VND

BIDV

23,372 VND

23,672 VND

* The Euro exchange rate at the State Bank's exchange office for buying and selling slightly decreased to: 24,603 VND - 27,193 VND.

Euro exchange rates at commercial banks are as follows:

Euro exchange rate

Buy

Sell

Vietcombank

25,316 VND

26,466 VND

Vietinbank

24,841 VND

26,131 VND

BIDV

25,298 VND

26,435 VND

MINH ANH