The US dollar continues to rise.

USD exchange rate today, February 20, 2025: The USD and Yen continue to rise as risk appetite gradually decreases following the tariff announcement and negotiations with Russia.

USD exchange rate today, February 20, 2025

As of 4:00 AM on February 20th, the central exchange rate at the State Bank of Vietnam was 24,663 VND/USD, an increase of 61 VND compared to yesterday's trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,310 - 25,700 VND/USD, unchanged in both buying and selling rates compared to yesterday's trading session.

TPB Bank is buying USD cash at the lowest rate: 1 USD = 24,390 VND

TPB Bank is buying USD transfers at the lowest rate: 1 USD = 24,430 VND

HSBC Bank is buying USD cash at the highest rate: 1 USD = 25,413 VND

VietinBank is currently buying USD transfers at the highest rate: 1 USD = 25,549 VND.

TPB Bank is selling USD cash at the lowest rate: 1 USD = 24,870 VND

VIB Bank is selling USD transfers at the lowest rate: 1 USD = 25,525 VND.

PGBank is selling USD cash at the highest rate: 1 USD = 25,800 VND

NCB Bank is selling USD transfers at the highest rate: 1 USD = 25,777 VND.

USD exchange rates at several banks today. Source: Webgia.com

1. Agribank - Updated: 20/02/2025 06:00 - Time provided by the website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,320	25,340	25,680
CZ	CZ	26,114	26,219	27,316
GBP	GBP	31,562	31,689	32,679
HKD	HKD	3,215	3,228	3,335
CHF	CHF	27,671	27,782	28,664
rush	rush	163.85	164.51	171.69
AUD	AUD	15,871	15,935	16,457
SGD	SGD	18,659	18,734	19,271
THB	THB	738	741	773
CAD	CAD	17,642	17,713	18,231
NZD	NZD		14,249	14,748
KRW	KRW		16.93	18.69

2. Sacombank - Updated: 22/12/2005 07:16 - Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25335	25335	25695
AUD	AUD	15865	15965	16532
CAD	CAD	17616	17716	18271
CHF	CHF	27787	27817	28706
CNY	CNY	0	3466.6	0
CZK	CZK	0	1005	0
DKK	DKK	0	3540	0
CZ	CZ	26149	26249	27124
GBP	GBP	31641	31691	32801
HKD	HKD	0	3280	0
rush	rush	165.15	165.65	172.16
KHR	KHR	0	6,032	0
KRW	KRW	0	17.2	0
LAK	LAK	0	1,142	0
MYR	MYR	0	5890	0
NOK	NOK	0	2265	0
NZD	NZD	0	14395	0
PHP	PHP	0	414	0
SEK	SEK	0	2340	0
SGD	SGD	18617	18747	19473
THB	THB	0	701.9	0
TWD	TWD	0	775	0
BAD	BAD	8,800,000	8,800,000	9100000
XBJ	XBJ	8,000,000	8,000,000	9100000

In the "black market," the USD exchange rate as of 5:00 AM on February 20, 2025, remained unchanged compared to yesterday's trading session, trading around 25,610 - 25,696 VND/USD.

Black market on February 20, 2025. Photo: Chogia.vn

Today's USD exchange rate on the world market (February 20, 2025)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 107.17 - up 0.16 points from February 19, 2025.

The chart shows the recent performance of the DXY index. Source: Investing.

Safe-haven currencies, led by the US dollar and the Japanese yen, rose on Wednesday as market anxiety escalated amid US President Donald Trump's latest tariff threats and tense talks aimed at ending the Russia-Ukraine war.

The US dollar continued to depreciate against the yen after the latest Federal Reserve policy meeting minutes showed that Trump's initial policy proposals had raised concerns about higher inflation. It also confirmed a continued pause on interest rate cuts.

The US dollar generally appreciated against currencies that investors bought when risk appetite was high, such as the euro, the British pound, the Australian and Canadian dollars, as well as currencies in emerging markets like the Mexican peso.

Conversely, the yen appreciated against most major currencies such as the dollar, euro, Swiss franc, and British pound.

This increase was spurred by comments from Trump late Tuesday that he intended to impose tariffs on automobiles "at around 25%" and similar tariffs on semiconductors and pharmaceutical imports.

On Friday, Trump said the tariffs on automobiles would take effect as early as April 2, a day after members of his cabinet submitted a report outlining options for a range of import tariffs.

"So far, the dollar has followed the path it took under the previous Trump administration... and we can pretty much agree that Trump is doing exactly what he said he would. Overall, in the short term, the dollar is following what Trump said," said Chester Ntonifor, chief strategist for global foreign exchange and fixed income at BCA Research in Montreal, referring to tariffs that have been one of Trump's key policy slogans since he took office.

In afternoon trading, the US dollar fell 0.4% against the yen to 151.495, while the euro also declined 0.6% to 157.925 yen.

The US dollar had earlier extended its losses against the Japanese currency after data showed that single-family home construction in the United States fell 8.4% in January to a seasonally adjusted 993,000 units last month, amid the impact of snowstorms and freezing temperatures.

Meanwhile, the euro fell 0.2% against the dollar to $1.0424.

The USD index, which is essentially an inverse index to the euro since the euro is the largest component of the index, most recently stood at 107.18, up 0.2%, after falling 1.2% last week.

Meanwhile, the pound received a short-term boost from stronger-than-expected UK inflation, which rose more than anticipated, reaching a 10-month high of 3% in January and is likely to rise further. The pound hit a two-month high overnight but was trading most recently at $1.2585, down 0.2%.

Meanwhile, the Trump administration said on Tuesday that it had agreed to hold further talks with Russia on ending the war in Ukraine after an initial meeting that did not include Kyiv, a shift from Washington's previous approach of rallying U.S. allies to isolate Russian President Vladimir Putin.

On Wednesday, Ukrainian President Volodymyr Zelenskiy and Trump exchanged heated words. Zelenskiy responded to Trump's insinuation that Ukraine was responsible for the 2022 full-scale Russian invasion, saying the US president had been caught in a Russian disinformation bubble.

For his part, Trump condemned Zelenskiy as "a dictator without elections" and said he should act quickly to ensure peace or the country would be left with nothing.

The euro reacts most strongly to headlines about Russia and Ukraine, appreciating last week on the prospect of resolving the conflict, and depreciating amid signs of escalating tensions.

"If Russia and Ukraine eventually reach a peace agreement, the dollar could face renewed pressure," Fawad Razaqzada, a market analyst at City Index and FOREX.com, wrote in a research note.

Elsewhere, the Reserve Bank of New Zealand cut its benchmark interest rate by 50 basis points to 3.75%, as widely expected, and signaled that future moves are likely to be smaller. The latter move was enough to boost the New Zealand dollar, which rose 0.3% to $0.5721.

USD exchange rate today, February 20, 2025. (Illustrative image)

Check out these popular places to exchange foreign currency and buy/sell USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

2. Gold and Silver Handicrafts - No. 31 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Shop - 119 Cau Giay Street, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - 43 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

5. Toan Thuy Store - 455 Nguyen Trai Street, Thanh Xuan District, Hanoi and 6 Nguyen Tuan Street, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - 19 Tran Nhan Tong Street, Hai Ba Trung District, Hanoi

7. Chinh Quang Store - 30 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - 47 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

9. Huy Khoi Store - 19 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

10. The system of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Check out these popular foreign currency exchange and USD buying/selling locations in Ho Chi Minh City:

1. Minh Thu Foreign Exchange - 22 Nguyen Thai Binh Street, District 1, Ho Chi Minh City

2. Kim Mai Gold Shop - 84 Cong Quynh Street, District 1, Ho Chi Minh City

3. Kim Chau Gold Shop - 784 Dien Bien Phu Street, Ward 10, District 10, Ho Chi Minh City

4. Saigon Jewelry Center - 40-42 Phan Boi Chau Street, District 1, Ho Chi Minh City

5. Kim Hung Foreign Exchange Agency - 209 Pham Van Hai Street, Binh Chanh District, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

7. Kim Tam Hai Shop - 27 Truong Chinh Street, Tan Thoi Nhat Ward, District 12, Ho Chi Minh City

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, Ho Chi Minh City

9. Ha Tam Gold Shop - 2 Nguyen An Ninh Street, Ben Thanh Ward, District 1, Ho Chi Minh City

10. The system of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

Source: https://congthuong.vn/ty-gia-usd-hom-nay-20022025-dong-usd-lien-tuc-tang-cao-374696.html