The US dollar reached a three-week high.

The US dollar reached a three-week high against the euro and also strengthened against the Japanese yen in the last trading session, as traders awaited an announcement from US President Donald Trump regarding auto tariffs.

World exchange rates

The US Dollar Index (DXY), which measures the fluctuations of the greenback against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), rose 0.48% to 104.67.

Traders are concerned that trade tariffs will dampen US growth and potentially reignite inflation. A press conference on auto tariffs is scheduled for 4 p.m. (local time) on March 26th.

Earlier, on March 24, Mr. Trump indicated that tariffs on imported automobiles could be implemented this week, ahead of a planned series of reciprocal tariffs next week. Mr. Trump and his economic advisors have promised to announce those tariffs, and possibly some additional industry-specific tariffs, by April 2.

Earlier in the trading session, the dollar fell after durable goods orders unexpectedly rose in February.

On March 26, Minneapolis Federal Reserve Bank President Neel Kashkari said he was uncertain about the impact of tariffs on the U.S. economy, noting that they could push prices higher or slow economic growth and require a reduction in borrowing costs.

Meanwhile, St. Louis Fed President Alberto Musalem suggested that the risk of US inflation stalling above the Fed's 2% target or even rising further in the near future is high, as increased import tariffs are likely to cause more persistent price pressures.

Conversely, the euro weakened ahead of the tariff announcement, falling to $1.075, its lowest level since March 5th. The currency closed down 0.32% at $1.0757, on track for a sixth consecutive day of decline against the greenback.

European Union (EU) Trade Commissioner Maros Sefcovic met with top trade officials under President Donald Trump on July 25 in an effort to prevent the high import tariffs that the US intends to impose on EU goods next week. However, the outcome of the negotiations remains unclear.

The Japanese yen fell 0.42% against the US dollar to 150.5 yen. Bank of Japan Governor Kazuo Ueda stated on March 26th that the Bank of Japan (BOJ) would have to raise interest rates if rising food costs continued to lead to widespread inflation, but reiterated that core inflation remained below its annual target of 2%. The BOJ is considered likely to raise interest rates again in July.

The new board member of the Bank of Japan, Junko Koeda, also stated that the country's real interest rates are currently extremely low amid accelerating inflation, supported by solid wage growth.

The British pound fell to a two-week low due to cooling inflation and following UK Chancellor Rachel Reeves' latest financial statement. Earlier data showed inflation in the UK slowed to an annualized 2.8% in February, down from 3.0% in January.

Meanwhile, the AUD fell 0.14%, to 0.6292 USD.

Domestic foreign exchange rates

In the domestic market, at the beginning of trading on March 27, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the US Dollar increased by 4 dong, currently at 24,851 dong.

* The reference exchange rate at the State Bank of Vietnam's exchange floor increased slightly for buying and selling, currently at: 23,659 VND - 26,043 VND.

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

* The EUR exchange rate at the State Bank of Vietnam's exchange desk saw a slight decrease in buying and selling rates, currently at: 25,456 VND – 28,135 VND.

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

* The Japanese Yen exchange rate at the State Bank of Vietnam's exchange desk increased slightly for buying and selling, currently standing at 157 VND – 174 VND.

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

Source: https://baodaknong.vn/ty-gia-ngoai-te-hom-nay-27-3-dong-usd-dat-muc-cao-nhat-3-tuan-247366.html