Euro exchange rate today May 21, 2025: Euro price increased dramatically when surpassing the threshold of 1.1250, expected to create the highest peak in the past 4 years

EUR/USD world exchange rate today 5/21/2025

On the international market, the euro was recorded at 4:30 a.m. trading at 1.1257 USD/EUR, up 0.0016 VND compared to yesterday's closing price (May 20).

ECB Governing Council member Klaas Knot is said to be leaning towards a rate cut at the policy meeting on June 5.

The market has now almost certainly priced in a cut at this meeting and is even expecting two more cuts by the end of the year, which has investors paying particular attention to the monetary policy differential between the European Central Bank (ECB) and the US Federal Reserve (Fed), a key factor influencing the EUR/USD outlook in the near term.

If the euro is to continue to appreciate in the medium term, the market needs further impetus from the possibility of a more aggressive Fed easing, thereby narrowing the interest rate differential between the two regions.

In the short term, investors will be closely watching a slew of key economic data due this week, with the focus on preliminary PMIs due on Thursday, along with Germany’s IFO business sentiment report on May 22.

These data will help shed more light on the health of the eurozone economy and influence expectations for further ECB policy.

Domestic Euro exchange rate today 5/21/2025

* The euro exchange rate at the State Bank's buying and selling exchange center increased slightly, currently at: 26,644 VND - 29,449 VND.

Survey at 4:30 on the black market, the euro was traded around 29,320 VND/EUR, unchanged from yesterday.

At 4:30 a.m. today, May 21, the euro exchange rate at domestic banks increased significantly at most banks, especially in the buying direction.

Sacombank was the bank with the strongest increase during the day, with the buying price increasing by 120 VND and the selling price increasing by 115 VND, raising the exchange rate to 28,885 - 29,758 VND/EUR, the highest among the surveyed banks. This is a sign that Sacombank is responding positively to the trading demand or the upward trend of EUR in the international market.

Eximbank also recorded a significant increase with 106 VND in buying and 67 VND in selling, bringing the exchange rate to 28,780 - 29,756 VND/EUR. This is the second strongest increase of the day.

VietinBank, BIDV, and Techcombank all adjusted slightly up from 20 to 53 VND each way. VietinBank has the highest selling price for the euro at 30,052 VND/EUR, reflecting its high pricing strategy for strong currencies.

Vietcombank maintains the lowest exchange rate in the market, at 28,434.55 – 29,992.63 VND/EUR, and the fluctuation is almost insignificant (+0.55 buy / +0.63 sell). This may indicate a cautious adjustment policy and is less affected by short-term fluctuations.

HSBC is the only bank that did not change the exchange rate compared to the previous session, keeping it at 28,596 - 29,705 VND/EUR, demonstrating a stable stance in its pricing strategy.

Domestic Euro Exchange Rate	May 21, 2025		Change from previous session
Bank	Cash purchase	Counter	Buy	Sell
Vietcombank	28434	29992	0.55	0.63
Vietinbank	28797	30052	53	53
BIDV	28764	30012	23	21
Techcombank	28583	29876	39	-48
Eximbank	28780	29756	106	67
Sacombank	28885	29758	120	115
HSBC	28596	29705	0	0

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Source: https://baonghean.vn/ty-gia-euro-hom-nay-21-5-2025-gia-euro-tang-but-pha-khi-vuot-nguong-1-1250-ky-vong-tao-dinh-cao-nhat-4-nam-qua-10297805.html