Foreign exchange rates, USD/VND exchange rate today March 14: USD recovers with difficulty

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: 03/21/2025 00:30 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,350	25,370	25,710
EUR	EUR	27,304	27,414	28,527
GBP	GBP	32,600	32,731	33,694
HKD	HKD	3,221	3,234	3,341
CHF	CHF	28,561	28,676	29,582
JPY	JPY	168.08	168.76	176.04
AUD	AUD	15,848	15,912	16,434
SGD	SGD	18,850	18,926	19,470
THB	THB	740	743	776
CAD	CAD	17,497	17,567	18,078
NZD	NZD		14,538	15,042
KRW	KRW		16.74	18.47

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:15 a.m. on March 14, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,758 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,571 VND - 25,945 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,290 - 25,680 VND.

Vietinbank : 25,170 - 25,750 VND.

Foreign exchange rates, USD/VND exchange rate today, March 14: USD has difficulty recovering. (Source: CNBC)

Exchange rate developments in the world market

The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.22% to 103.83.

The US dollar rose against most major currencies including the Swiss franc and the euro amid investor concerns about slowing growth, arising from the trade policies of the US President Donald Trump administration.

US President Donald Trump has threatened to impose a 200% tariff on wine, cognac and other imported spirits from Europe, opening a new front in the global trade war, shaking financial markets and raising recession fears.

This move was made after the European Union (EU) imposed retaliatory tariffs on 26 billion EUR (equivalent to 28 billion USD) of US goods.

U.S. producer prices were surprisingly flat in February, but the prospect of tariffs is unlikely to keep prices low in the coming months, Labor Department data released on March 13 showed.

Vassili Serebriakov, foreign exchange strategist at UBS in New York, said the dollar's recovery is quite difficult due to the impact of tariffs.

The US dollar rose 0.11% to 0.883 against the Swiss franc.

In contrast, the euro fell 0.28 percent to $1.0856, but remained near a five-month high of $1.09470 hit earlier in the week.

The Japanese yen rose 0.39 percent against the greenback to 147.84 yen per dollar, boosted by expectations of a Japanese interest rate hike later this year.

While the Bank of Japan is expected to keep its key interest rate unchanged at its policy meeting next week, more than two-thirds of economists in a Reuters poll expected a 25 basis point hike to 0.75% in the third quarter, most likely in July.