Foreign exchange rates, USD/VND exchange rate today, May 21: USD weakens, EUR slightly increases

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: May 21, 2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,760	25,770	26,110
EUR	EUR	28,557	28,672	29,776
GBP	GBP	34,038	34,175	35,148
HKD	HKD	3,251	3,264	3,369
CHF	CHF	30,512	30,635	31,541
JPY	JPY	174.58	175.28	182.56
AUD	AUD	16,395	16,461	16,991
SGD	SGD	19,678	19,757	20,298
THB	THB	761	764	798
CAD	CAD	18,252	18,325	18,835
NZD	NZD		15,110	15,618
KRW	KRW		17.82	19.65

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:30 a.m. on May 21, the State Bank announced the central exchange rate of the Vietnamese Dong decreased by 2 VND, currently at 24,968 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,770 VND - 26,166 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,750 - 26,140 VND.

Vietinbank: 25,643 - 26,153 VND.

Foreign exchange rates, USD/VND exchange rate today, May 21: USD weakens, EUR slightly increases. (Source: Getty Images)

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 0.42% to 100.01.

The US dollar continued to weaken due to more cautious comments on the economy from US Federal Reserve (Fed) officials.

The greenback was also pressured by news that US President Donald Trump is under pressure in the House of Representatives over his comprehensive tax bill, aimed at pushing through government policy reforms.

The bill includes at least $1.5 trillion in spending cuts to offset tax cuts from his first term, while also fulfilling campaign promises like exempting tips and overtime from income taxes and increasing the standard deduction.

Earlier in the week, the USD was widely sold off after Moody's downgraded the US credit rating from its highest rating late last week.

Fed officials in the last trading session also expressed concerns about the impact of the Trump administration's trade policies on the economy.

Although trade tensions between the United States and China have recently eased, the labor market looks set to weaken and prices will rise further, St. Louis Federal Reserve Bank President Alberto Musalem said.

Cleveland Fed President Beth Hammack said that current trade developments could lead to stagflation.

On May 2, Fed officials also shared the consequences of the latest US government credit rating downgrade and market volatility.

The dollar fell against the Japanese yen, hitting a two-week low of 144.095 yen. The currency closed down 0.2 percent at 144.495 yen.

Market attention is now focused on a key vote in the US House of Representatives later this week.

Republican leaders say they will push the tax bill forward despite its uncertain prospects.

The pound rose 0.2% against the dollar to 1.3387.

Meanwhile, the EUR increased 0.3% against the greenback, reaching 1.1279 USD.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-215-usd-suy-yeu-eur-bat-tang-nhe-314996.html