EUR "soars", USD continues to slide

Foreign exchange rates, USD/VND exchange rate today, March 12, recorded EUR reaching its highest level in 5 months, after Ukraine agreed to a proposal for a 30-day ceasefire.

Updated foreign exchange rate table - USD exchange rate Agribank today

1. Agribank - Updated: March 12, 2025 08:30 - Website time of supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,300	25,320	25,660
EUR	EUR	27,113	27,222	28,331
GBP	GBP	32,246	32,375	33,334
HKD	HKD	3,215	3,228	3,335
CHF	CHF	28,417	28,531	29,432
JPY	JPY	169.13	169.81	177.11
AUD	AUD	15,668	15,731	16,250
SGD	SGD	18,772	18,847	19,389
THB	THB	732	735	767
CAD	CAD	17,343	17,413	17,918
NZD	NZD		14,256	14,756
KRW	KRW		16.72	18.44

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:00 a.m. on March 12, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,763 VND, an increase of 9 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 23,575 VND - 25,951 VND.

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

Vietcombank : 25,260 - 25,650 VND.

Vietinbank : 25,145 - 25,725 VND.

Foreign exchange rates, USD/VND exchange rate today, March 12: EUR 'soars', USD continues to slide. (Source: CNBC)

Exchange rate developments in the world market

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.42% to 103.42.

The euro hit a five-month high after Ukraine agreed to a proposed 30-day ceasefire, while the dollar continued to slide.

However, the greenback rose to a one-week high before weakening against the Canadian dollar after US President Donald Trump imposed more tariffs on Canada.

Specifically, Mr. Trump doubled the planned tariff on all steel and aluminum imported from Canada to 50%.

This decision is in response to the province of Ontario imposing a 25% tax on electricity exported to the US from March 10. Mr. Trump's announcement will take effect from today (March 12), at the same time as the US imposes a 25% import tax on all aluminum and steel entering the country.

Accordingly, the USD increased to 1.4521 CAD, the highest level since March 4. Then, this currency lost value and traded down 0.28% to 1.4396 CAD.

The EUR rose as high as $1.0947 and closed the session up 0.86%.

The EUR/USD pair has risen more than 5% this month, while the euro has also risen to its highest level since January at 161.78 yen.

Juan Perez, head of trading at Monex USA, said that increased defense spending in Europe and the prospect of a ceasefire in Ukraine are positive for the euro.

“The addition of a ceasefire, even if only for a month, and positive expectations of a resolution to the Russia-Ukraine conflict is a great sign for the euro,” he said.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-123-eur-thang-hoa-usd-tiep-tuc-truot-dai-307125.html