Trump's information causes USD to plummet, EUR "gains momentum" to increase strongly

Foreign exchange rates, USD/VND exchange rate today January 7 recorded a sharp decrease in USD, at times reaching 107. Meanwhile, EUR and Yuan increased.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: 07/01/2025 08:00 - Time of website source supply
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,240	25,253	25,553
EUR	EUR	25,664	25,767	26,861
GBP	GBP	30,984	31,108	32,065
HKD	HKD	3,203	3,216	3,320
CHF	CHF	27,405	27,515	28,364
JPY	JPY	157.58	158.21	164.97
AUD	AUD	15,522	15,584	16,088
SGD	SGD	18,266	18,299	18,804
THB	THB	717	720	751
CAD	CAD	17,297	17,366	17,856
NZD	NZD	0	14,062	14,547
KRW	KRW	0	16.52	18.19

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 9:00 a.m. on January 7, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,334 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,229 - 25,559 VND.

Vietinbank : 25,125 - 25,559 VND.

Foreign exchange rates, USD/VND exchange rate today, January 7: Mr. Trump's information causes USD to plummet, EUR 'gains momentum' to increase strongly. (Source: Vietnamnet)

Exchange rate developments in the world market

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 108.23, down 0.72%.

The US dollar fell after mixed reports about the aggressiveness of US President-elect Donald Trump's tariff policies when he takes office.

The US dollar fell sharply, at one point hitting 107, after the Washington Post reported that Trump's aides were considering plans to impose tariffs on every country.

The dollar's decline was then curbed as soon as Mr Trump denied the report in a post on his Truth Social platform.

The decline in the US dollar has set the stage for the euro to rise 0.76% to $1.0386. The US dollar is on track for its biggest one-day drop since November 27, while the euro is poised for its biggest one-day gain since August 2.

The Chinese yuan rose 0.16% against the greenback to 7.348. The dollar hit a 26-month high against the currency last week as China is seen as one of the Trump administration’s main tariff targets.

Compared to the Japanese Yen, the USD increased by 0.17% to 157.53. Meanwhile, the British Pound increased by 0.72% to 1.251 USD.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-71-thong-tin-cua-ong-trump-khien-usd-lao-doc-eur-duoc-da-tang-manh-299930.html