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Foreign exchange rates, USD/VND exchange rate today August 1: USD surpasses 100 mark, EUR suffers the most damage

Foreign exchange rates, USD/VND exchange rate today, August 1, recorded a strong increase in USD, supported by easing trade tensions and the resilience of the US economy.

Báo Quốc TếBáo Quốc Tế01/08/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 1, 2025 07:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 26,010 26,020 26,360
EUR EUR 29,393 29,511 30,629
GBP GBP 34,079 34,216 35,199
HKD HKD 3,271 3,284 3,390
CHF CHF 31,651 31,778 32,672
JPY JPY 171.11 171.80 179
AUD AUD 16,578 16,645 17,184
SGD SGD 19,869 19,949 20,489
THB THB 781 784 819
CAD CAD 18,591 18,666 19,186
NZD NZD 15,236 15,741
KRW KRW 18.04 19.78

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 7:30 a.m. on August 1, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,240 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,028 VND - 26,452 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,990 VND - 26,380 VND.

Vietinbank: 25,870 VND - 26,380 VND.

(Nguồn: GFMAG)
Foreign exchange rates, USD/VND exchange rate today, August 1: USD surpasses 100 mark, EUR suffers the most damage. (Source: GFMAG)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.22% to 100.03.

The US dollar is on track for its first monthly gain in 2025 against a basket of major currencies, supported by easing trade tensions and a resilient US economy.

The greenback rose against the yen, hitting its highest level since May 28. The dollar has gained about 5% since the beginning of July, marking its strongest monthly gain since December 2024.

By the end of the session, the USD increased by 0.83% to 150.765 Yen.

As widely expected, the Bank of Japan (BOJ) on Thursday kept its short-term interest rate unchanged at 0.5% by unanimous vote, while revising up its inflation forecast for the coming years.

The day before, the US Federal Reserve (Fed) decided to keep interest rates unchanged, ignoring repeated calls from President Donald Trump to lower borrowing costs. Fed Chairman Jerome Powell also emphasized that he was in no rush to cut interest rates.

The dollar has been bolstered by the Fed’s dovish stance and the resilience of the US economy, while concerns about Trump’s tariffs have also eased following a series of trade deals.

The DXY index rose 0.22% to 100.03, a clear sign that the greenback is headed for its first monthly gain this year.

“There has been a clash and conflict between what the Fed is observing and deciding to do, and the expectations from the White House and probably from many investors in the stock market,” said Juan Perez, director of trading at Monex USA in Washington.

If the Fed had completely abandoned its hawkish stance, including its tough press conference statements, then the dollar would have risen, and it would have risen.”

New data released on Friday showed that the number of Americans filing for unemployment benefits for the first time rose only slightly last week, suggesting that the labor market remains stable.

Meanwhile, the EUR was one of the currencies that suffered the most damage from the USD's rise as investors withdrew from speculative positions on the recovery of the European economy - expectations that had emerged at the beginning of the year.

The common European currency was up 0.19% at $1.1426, after hitting a seven-week low.

However, for the month as a whole, the EUR is still heading for a decline of nearly 3%.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-18-usd-vuot-moc-100-eur-thiet-hai-nang-nhat-322936.html


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