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Foreign exchange rates, USD/VND exchange rate today April 17: USD has not stopped falling, Fed Chairman talks about the US economy

Foreign exchange rates, USD/VND exchange rate today, April 17, recorded the USD continuing to decrease, EUR anchored below the highest level in three years.

Báo Quốc TếBáo Quốc Tế17/04/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: April 17, 2025 08:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,670 25,690 26,030
EUR EUR 28,770 28,886 29,971
GBP GBP 33,685 33,820 34,788
HKD HKD 3,268 3,281 3,387
CHF CHF 31,119 31,244 32,158
JPY JPY 177.07 177.78 185.20
AUD AUD 16,091 16,156 16,683
SGD SGD 19,319 19,397 19,924
THB THB 755 758 792
CAD CAD 18,226 18,299 18,809
NZD NZD 15,041 15,548
KRW KRW 17.32 19.09

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on April 17, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 8 VND, currently at 23,899 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,705 VND - 26,093 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,620 - 26,010 VND.

Vietinbank: 25,485 - 26,065 VND.

(Nguồn: Fx3)
Foreign exchange rates, USD/VND exchange rate today, April 17: USD has not stopped falling, Fed Chairman talks about the US economy. (Source: Fx3)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.94% to 99.28.

The US dollar continued to fall as traders waited to see whether the administration of US President Donald Trump would reach new trade deals with partners.

The US is currently in discussions with countries including Japan, while tensions between China and the US are rising.

US President Donald Trump said he will personally attend a meeting of Japanese and US trade officials.

Meanwhile, US Vice President JD Vance said there was a good chance the US and UK would reach a major trade deal. However, any trade deal with China and the European Union is expected to take longer to reach.

On April 15, Mr. Trump ordered an investigation into potential new tariffs on all imports of critical US minerals to put pressure on industry leader China.

US economic growth appears to be slowing, with consumer spending rising modestly, and a rush of imports to avoid tariffs could weigh on estimates of gross domestic product and consumer sentiment, according to Federal Reserve Chairman Jerome Powell.

“The Fed is waiting to see what happens next before making any moves on interest rates,” said Robert Pavlik, senior portfolio manager at Dakota Wealth.

In a contrasting development, the EUR closed the trading session up 0.84%, reaching 1.1376 USD, anchored below the 3-year high of 1.1473 USD.

The dollar fell 0.71 percent against the Japanese yen to 142.22 after earlier hitting 142.03. The dollar also fell 1 percent against the Swiss franc to 0.815.

Meanwhile, the pound fell 0.07 percent to $1.3221, after hitting a six-month high of $1.3292 earlier.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-174-usd-chua-dut-da-giam-chu-tich-fed-noi-ve-kinh-te-my-311366.html


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