Foreign exchange rate update table - USD exchange rate Agribank today
Exchange rate developments in the domestic market
In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on April 25, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 31 VND, currently at 24,928 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,732 VND - 26,124 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank : 25,784 - 26,174 VND.
Vietinbank: 25,690 - 26,174 VND.
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| Foreign exchange rates, USD/VND exchange rate today, April 25: USD falls again due to concerns about the trade war. Illustrative photo. (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 0.56% to 99.29.
The US dollar fell as investors worried about the trade war between the US and China.
US assets, including the dollar, gained after US President Donald Trump dropped his threat to fire Federal Reserve Chairman Jerome Powell and appeared to soften his stance on China.
Treasury Secretary Scott Bessent said the US will not act first in lowering tariffs of more than 100% on Chinese goods.
However, the dollar’s gains were muted in the last trading session. China said that no talks on economic and trade issues had been held and urged the US to lift all unilateral tariffs if it really wanted to resolve the issue.
The yen led the gains, pushing the dollar down 0.54% to 142.700, but still above the 140 level broken last week.
The US dollar has been hit hardest by Donald Trump's tariffs, falling 4.8% so far in April, marking its biggest monthly decline since November 2022.
Investors were shaken as Mr Trump launched a series of verbal attacks on Fed Chairman Powell over his stance on holding off on cutting interest rates until there was suitable economic data.
Investors' retreat from the US dollar has put it on track for its worst year against other currencies since the 1970s, according to LSEG data.
Meanwhile, the British pound rose 0.55% to $1.3325. British Finance Minister Rachel Reeves believes that Britain can reach a trade agreement with the US.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-254-usd-lai-giam-do-lo-ngai-cuoc-chien-thuong-mai-312211.html
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