Foreign exchange rates, USD/VND exchange rate today May 2: USD continues to increase, surpassing the 100 mark

Foreign exchange rates, USD/VND exchange rate today, May 2, recorded that USD continued to recover thanks to some buying activities in the context of investors being more optimistic about tariff agreements between the US and trade partners.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: 05/02/2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,810	25,820	26,160
EUR	EUR	29,049	29,166	30,278
GBP	GBP	34,271	34,409	35,385
HKD	HKD	3,284	3,297	3,404
CHF	CHF	31,057	31,182	32,088
JPY	JPY	178.38	179.10	186.56
AUD	AUD	16,381	16,447	16,978
SGD	SGD	19,500	19,578	20,111
THB	THB	759	762	795
CAD	CAD	18,457	18,531	19,048
NZD	NZD		15,245	15,755
KRW	KRW		17.26	19.01

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 9:00 a.m. on May 2, the State Bank announced the central exchange rate of the Vietnamese Dong at 23,956 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,759 VND - 26,153 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,790 - 26,180 VND.

Vietinbank: 25,670 - 26,180 VND.

Foreign exchange rates, USD/VND exchange rate today, May 2: USD continues to increase beyond the 100 mark. (Source: Euro News)

World market developments

The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.71% to 100.18.

The US dollar continued to recover thanks to some buying amid investors' optimism about tariff deals between the US and its trading partners.

Trading volume was thinner than usual, as many international markets were closed for the Labor Day holiday.

Meanwhile, the yen fell as the Bank of Japan (BOJ) lowered its growth forecast due to US tariffs and kept interest rates unchanged.

The yen fell to a four-week low against the greenback, rising 1.7% to 145.52 yen, on track for its biggest one-day gain since November 2024.

The yen also fell to a four-month low against the euro, with the single currency up 1.4% against the yen to 164.29 yen. The euro is on track for its biggest daily gain against the yen in two months.

The BOJ's decision to keep interest rates unchanged was widely expected. The BOJ now expects core inflation to reach its 2% target in the second half of 2026 or later, a year later than its previous forecast in January.

Meanwhile, the euro fell to a three-week low against the greenback, closing down 0.4% at $1.1286. The British pound also fell 0.4% to $1.3284.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-25-usd-tiep-tuc-tang-vuot-moc-100-312938.html