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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.

Báo Quốc TếBáo Quốc Tế02/05/2025

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.

Tỷ giá ngoại tệ hôm nay 28/11: Tỷ giá USD, EUR, CAD, Bảng Anh, tỷ giá hối đoái... Đồng bạc xanh tiếp tục rớt, dấy lên sự lo ngại
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 due to 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


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