EUR/USD world exchange rate today May 14, 2025
The EUR/USD pair rose sharply to near 1.1174, as the US dollar (USD) came under pressure following a lower-than-expected inflation report from the US.
According to recently released data, the US Consumer Price Index (CPI) in April increased by only 2.3% compared to the same period last year, lower than the forecast and the 2.4% in March. Core inflation (excluding food and energy) increased by 2.8%, in line with expectations. Compared to the previous month, both the overall CPI and core CPI increased by 0.2%, lower than the forecast of 0.3%.
The slowdown in inflation has raised expectations that the US Federal Reserve (Fed) may cut interest rates in the near future, thereby putting downward pressure on the USD.
At the time of reporting, the US Dollar Index (DXY), which reflects the strength of the USD against a basket of six major currencies, fell to near 101.40. Previously, the USD had somewhat adjusted down after the news that the US and China reached an agreement to temporarily reduce tariffs for 90 days, avoiding an escalation of trade tensions.
However, the impact of the low inflation data is not expected to significantly change Fed policy expectations, as policymakers remain concerned about inflation expectations amid trade uncertainty. Although the two countries have agreed to temporarily reduce tariffs, current tariffs remain high and could continue to put pressure on prices.
Chicago Fed President Austan Goolsbee said Monday that the impact of the US-China trade war may be less severe than the Fed had feared. But he warned that concerns about rising prices and slowing growth persist, as tariffs are still three to five times higher than they were before, and this will continue to slow the economy and push up the cost of living.
Domestic Euro exchange rate today 5/14/2025
The Euro exchange rate at the State Bank's buying and selling exchange center has decreased sharply compared to yesterday, currently at: 26,347 VND - 29,120 VND.
In the "black market", the black market Euro exchange rate as of 4:30 a.m. on May 14, 2025 also decreased sharply, trading around 29,139 VND/EUR.
EUR exchange rates at commercial banks are as follows:
| EUR exchange rate | Buy | Sell |
| Vietcombank | 28,100 VND | 29,640 VND |
| Vietinbank | 28,510 VND | 30,220 VND |
| BIDV | 28,467 VND | 29,705 VND |
VIB Bank is buying Euro cash at the lowest price of 27,196 VND/EUR
VIB Bank is buying Euro transfers at the lowest price of 27,296 VND/EUR
SHB Bank is buying Euro cash at the highest price of 29,466 VND/EUR
SHB Bank is buying Euro transfers at the highest price of 29,466 VND/EUR
VIB Bank is selling Euro cash at the lowest price of 28,279 VND/EUR
VIB Bank is selling Euro transfers at the lowest price of 28,179 VND/EUR
OCB Bank is selling Euro cash at the highest price of 30,628 VND/EUR
OCB Bank is selling Euro transfers at the highest price of 30,528 VND/EUR
Source: https://baonghean.vn/ty-gia-euro-hom-nay-14-5-2025-dong-euro-tang-manh-sau-bao-cao-cpi-cua-my-10297221.html
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