Foreign exchange rates, USD/VND exchange rate today, July 21: USD's price increase prospect is not entirely solid

Foreign exchange rates, USD/VND exchange rate today, July 21, recorded that USD entered a relatively cautious period in the international market.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: 07/21/2025 07:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,970	25,980	26,320
EUR	EUR	29,802	29,922	31,046
GBP	GBP	34,501	34,640	35,628
HKD	HKD	3,266	3,279	3,385
CHF	CHF	31,986	32,114	33,032
JPY	JPY	172.16	172.85	180.15
AUD	AUD	16,682	16,749	17,290
SGD	SGD	20,010	20,090	20,637
THB	THB	784	787	823
CAD	CAD	18,705	18,780	19,305
NZD	NZD		15,320	15,826
KRW	KRW		18.04	19.79

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 7:30 a.m. on July 21, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,185 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,976 VND - 26,394 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,950 VND - 26,340 VND.

Vietinbank: 25,825 VND - 26,335 VND.

Foreign exchange rates, USD/VND exchange rate today, July 21: The prospect of USD appreciation is not entirely certain. (Source: Finanzmarktwelt)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 98.46.

The USD is expected to recover or move sideways, as the US economy continues to show stable strength and global investors adjust their expectations about the US Federal Reserve's (Fed) monetary policy.

DXY is likely to maintain or increase slightly during the week, with a target of 98.7 - 99.0, supported by positive US economic data and the safe-haven role of the USD.

However, risks from tariff policies and geopolitical tensions remain factors that could cause the greenback to face unexpected fluctuations in the short term.

Previously, expectations that the Fed would cut interest rates in September had put downward pressure on the USD.

However, with recent positive economic indicators, many analysts have begun to adjust their views and believe that the USD is returning to its "safe haven asset function".

The greenback may continue to receive support from high US government bond yields, while market sentiment is gradually stabilizing after a period of strong USD sell-off from the beginning of the year to mid-June.

Experts also warn that the outlook for the dollar is not entirely solid. New US tax measures are increasingly attracting market attention.

Tariffs reduce demand for imports, which in turn reduces the demand for foreign currencies (such as EUR or Japanese Yen) to pay for goods, which leads to an appreciation of the USD in the short run, as demand for USD increases relative to other currencies.

In addition, the geopolitical situation, especially escalating tensions in some regions, has led investors to seek the greenback as a safe haven asset, thereby supporting the value of the USD to increase in the short term.

This week is expected to be a relatively cautious period for the USD in the international market. The internal strength of the US economy will be the main supporting factor, but risks related to trade policy, politics and economic data will continue to affect the direction of the USD.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-217-trien-vong-tang-gia-cua-usd-khong-hoan-toan-vung-chac-321646.html