Foreign exchange price on July 5, 2025: USD at banks slightly decreased

Exchange rate on world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 96.99 - down 0.12 points compared to July 4, 2025.

The dollar pared gains against the euro and the yen on Friday, after President Donald Trump cleared the final hurdle to pass his signature tax cut bill, while pressure mounted on countries to strike trade deals with the United States.

The greenback surged on Thursday after U.S. jobs data beat expectations, pushing back the timing of a possible Federal Reserve rate cut. But the DXY index was still on track for a second straight weekly decline.

Foreign exchange price on July 5, 2025: USD at banks slightly decreased

Illustration photo. Photo source: Internet

The Republican-controlled US House of Representatives narrowly passed President Donald Trump's "Big, Beautiful Bill" spending and tax cuts bill, which is expected to add $3.4 trillion to the nation's current $36.2 trillion debt.

The euro rose 0.2% to $1.1775, on track for a weekly gain of 0.5%.

The Japanese yen rose 0.4% to $144.40.

Several countries received letters from the US on Friday outlining the tariffs they would face, marking a shift from President Trump's earlier statement about signing separate deals with trading partners.

European Commission President Ursula von der Leyen said the eurozone is aiming to reach a trade deal “in principle” with the United States by the deadline. Japan, which has recently been the focus of criticism from President Donald Trump, will send its chief trade negotiator to the United States as early as this weekend.

On economic data, the US Labor Department's jobs report released on Thursday showed the non-farm sector added 147,000 jobs in June, far exceeding the 110,000 jobs forecast in a Reuters survey of economists.

"The US labor market is slowing, but the fact that it hasn't suddenly deteriorated is reassuring," said Hirofumi Suzuki, chief foreign exchange strategist at SMBC. "Personally, I expect the tariff negotiations to be unfavorable, leading to further weakness in the dollar and further strengthening of the yen," he added.

Market expectations that the Fed will keep rates unchanged at its July meeting now stand at 94.8%, up from 76.2% on July 2, according to CME's FedWatch tool.

Economists still forecast that the Fed will not start cutting interest rates until at least September or later.

The British pound rose 0.1% to $1.3668.

Domestic USD exchange rate

In the domestic market, at the beginning of the trading session on July 5, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 25,116 VND.

The reference USD exchange rate at the State Bank's exchange office for buying and selling increased, currently at: 23,911 VND - 26,321 VND.

Specifically, at Vietcombank , the USD exchange rate is 25,960 - 26,350 VND/USD, down 15 VND in both directions, compared to yesterday's trading session.

VietinBank is buying USD cash at the lowest price: 1 USD = 25,800 VND

VietinBank is buying USD transfers at the lowest price: 1 USD = 25,770 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 26,087 VND

HSBC Bank is buying USD transfers at the highest price: 1 USD = 26,087 VND

OCB Bank is selling USD cash at the lowest price: 1 USD = 26,260 VND

SeABank is selling USD transfers at the lowest price: 1 USD = 26,279 VND

Eximbank, GPBank, Hong Leong, Nam A, NCB, VIB, VietABank are selling USD cash at the highest price: 1 USD = 26,371 VND

NCB Bank is selling USD transfers at the highest price: 1 USD = 26,371 VND

The EUR exchange rate at the State Bank's buying and selling exchange decreased, currently at: 28,072 VND - 31,026 VND.

The Japanese Yen exchange rate at the State Bank's exchange office for buying and selling has slightly decreased, currently at: 165 VND - 182 VND.

Source: https://doanhnghiepvn.vn/kinh-te/gia-ngoai-te-ngay-5-7-2025-usd-tai-ngan-hang-giam-nhe/20250705093756804