Foreign exchange rates, USD/VND exchange rate today June 27: USD 'falls dramatically', strong sell-off wave

Foreign exchange rates, USD/VND exchange rate today, June 27, recorded the USD falling to its lowest level in three and a half years compared to the EUR and the British Pound amid a strong sell-off wave.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: June 27, 2025 07:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,950	25,950	26,290
EUR	EUR	29,928	30,048	31,172
GBP	GBP	35,147	35,288	36,289
HKD	HKD	3,263	3,276	3,381
CHF	CHF	31,907	32,035	32,976
JPY	JPY	176.31	177.02	184.36
AUD	AUD	16,715	16,782	17,317
SGD	SGD	20,121	20,202	20,755
THB	THB	783	786	822
CAD	CAD	18,718	18,793	19,319
NZD	NZD		15,553	16,062
KRW	KRW		18.40	20.28

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 7:30 a.m. on June 27, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,055 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,853 VND - 26,257 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,957 - 26,307 VND.

Vietinbank: 25,975 - 26,305 VND.

Foreign exchange rates, USD/VND exchange rate today, June 27: USD 'falls dramatically', strong sell-off wave. Illustrative photo. (Source: CFR)

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 0.37% to 97.32.

The dollar fell to a three-and-a-half-year low against the euro and sterling amid a sharp sell-off as traders re-priced the likelihood of a larger-than-expected interest rate cut by the US Federal Reserve.

"This week, all eyes are on the Fed, on the prospect of earlier easing and the possibility of more rate cuts," said Eric Theoret, foreign exchange strategist at Scotiabank in Toronto.

Fed Chairman Jerome Powell was seen by investors as taking a more dovish tone in his testimony before the US Congress this week.

He reiterated his expectation that inflation will pick up again in the summer, but said that if price pressures remain contained, "we will move to a rate cut sooner," Powell said.

Powell appears to have opened the door to a possible rate cut as early as July, according to Noel Dixon, global macro strategist at State Street Global Markets.

"If the upcoming consumer inflation numbers come in below market expectations, I think the market will start to price in a rate cut in July," said Noel Dixon.

Traders of federal funds futures are now pricing in a 23% chance of a rate cut in July, up from 13% last week, while the probability of a cut in September is 93%, according to CME Group's FedWatch tool.

In total, the market expects the Fed to cut a total of 66 basis points before the end of the year, equivalent to three 25-point cuts, up from 46 basis points last Friday.

In the currency market, the USD fell 0.72% against the Japanese Yen, down to 144.2 JPY/USD.

The euro rose 0.51% to $1.1719 and hit a peak of $1.1744 - its highest since September 2021.

The British pound rose 0.62% to $1.3748, at one point reaching $1.3770 - the highest since October 2021.

The Swiss franc hit a 10-and-a-half-year high of $0.799 per franc.

Investors are also closely watching the Trump administration’s self-imposed July 9 deadline to negotiate bilateral trade deals to avoid tit-for-tat tariffs with trading partners.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-276-usd-rot-tham-lan-song-ban-thao-manh-me-319051.html