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Foreign exchange rates, USD/VND exchange rate today June 24: US interest rate information affects USD, Japanese Yen has recovered

Foreign exchange rates, USD/VND exchange rate today, June 24, recorded that the USD decreased after Fed Governor Michelle Bowman said that the Fed should consider cutting interest rates in the near future.

Báo Quốc TếBáo Quốc Tế24/06/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: June 24, 2025 08:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,940 25,949 26,279
EUR EUR 29,399 29,517 30,623
GBP GBP 34,414 34,552 35,531
HKD HKD 3,262 3,275 3,379
CHF CHF 31,320 31,466 32,339
JPY JPY 174.23 174.93 182.07
AUD AUD 16,480 16,546 17,072
SGD SGD 19,902 19,982 20,517
THB THB 773 776 810
CAD CAD 18,655 18,730 19,246
NZD NZD 15,294 15,294 15,794
KRW KRW 18.08 19.89

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 7:50 a.m. on June 24, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,031 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,830 VND - 26,232 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,892 - 26,282 VND.

Vietinbank: 25,943 - 26,282 VND.

(Nguồn: New York Post)
Foreign exchange rates, USD/VND exchange rate today, June 24: US interest rate information affects USD, Japanese Yen has recovered. (Source: New York Post)

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 0.32% to 98.39.

The dollar fell after Federal Reserve Governor Michelle Bowman said the Fed should consider cutting interest rates in the near future, amid growing expectations that Iran's response to the US airstrikes on several nuclear facilities in Iran will be limited.

Currently, the Fed's interest rate futures market has reflected expectations of 58 basis points of rate cuts this year, equivalent to two 25 basis point cuts as a certainty and a third cut is highly likely.

The dollar had earlier been supported by the decision to keep interest rates unchanged - a move known as "keeping a hawkish stance".

Fed Chairman Jerome Powell stressed that policymakers expect inflation to rise again in the summer due to tariffs under the Trump administration.

The US dollar was also under pressure as it appeared Iran's response to the US airstrikes would be limited.

The US dollar rose as investors fled risky assets on fears that conflict in the Middle East could spread.

The dollar's rally last week was largely driven by investors closing out positions that used the dollar as a funding currency - such as bets on rising emerging market currencies, according to Marc Chandler, CEO of Bannockburn Global Forex.

The Japanese yen has also recovered much of its earlier weakness, which was hit by concerns that rising oil prices would hurt Japan, which imports nearly all of its oil.

The USD/JPY pair edged down 0.09% to 146.22 yen per dollar, after hitting its highest since May 13 at 148.02 yen.

The euro rose 0.39% to $1.1567.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-246-thong-tin-lai-suat-my-tac-dong-den-usd-yen-nhat-da-phuc-hoi-318702.html


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