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Foreign exchange rates, USD/VND exchange rate today June 3: EUR has increased more than 10% compared to USD in the past four months

Foreign exchange rates, USD/VND exchange rate today, June 3, recorded a weakening of the USD amid rising trade tensions and concerns about fiscal policy.

Báo Quốc TếBáo Quốc Tế03/06/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: June 3, 2025 07:30 - Time of website source supply
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,840 25,850 26,190
EUR EUR 28,994 29,110 30,221
GBP GBP 34,471 34,609 35,588
HKD HKD 3,253 3,266 3,371
CHF CHF 31,085 31,210 32,125
JPY JPY 176.91 177.62 185.02
AUD AUD 16,466 16,532 17,064
SGD SGD 19,841 19,921 20,467
THB THB 773 776 810
CAD CAD 18,632 18,707 19,232
NZD NZD 15,341 15,851
KRW KRW 18.02 19.84

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 3, the State Bank announced the central exchange rate of the Vietnamese Dong at 24,970 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,772 VND - 26,168 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,810 - 26,200 VND.

Vietinbank: 25,670 - 26,180 VND.

Tỷ giá ngoại tệ hôm nay 14/2: Tỷ giá USD, Euro, Yen Nhật, CAD, AUD, Bảng Anh...Euro và Bảng Anh vất vả vượt lên. Đồng bạc xanh hụt hơi, giảm giá. (Nguồn: capital)
Foreign exchange rates, USD/VND exchange rate today June 3: EUR has increased more than 10% compared to USD in the past four months. (Source: Capital)

World market developments

The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.62% to 98.71.

The dollar weakened significantly amid rising trade tensions and concerns about fiscal policy. President Donald Trump's announcement to double tariffs on steel and aluminum imports to 50% has raised concerns about a full-blown trade war with China.

In addition, President Trump's proposed tax cut and spending increase bill has also raised concerns about the financial stability of the US.

Analysts warn that trade protectionist measures and excessive fiscal spending could dampen foreign investment and continue to put pressure on the dollar.

The USD/EUR pair recorded a significant decline, reflecting growing concerns about US trade and fiscal policies as well as the strengthening of the EUR, despite monetary easing measures from the European Central Bank (ECB).

The euro has risen more than 10% against the dollar over the past four months, largely due to a reversal of transatlantic capital flows as investors worried about US trade and fiscal policy shifted back to Europe, where they were boosted by Germany’s massive fiscal stimulus.

The EUR is at record highs in both nominal and real terms, reflecting the currency's strong performance in international markets.

"There is an opportunity for the euro to become a global reserve currency, although this also poses challenges for exporting countries in the region," ECB President Christine Lagarde stressed.

The dollar fell nearly 0.8% to 142.85 yen, its lowest in a week, wiping out all of the greenback's gains against the yen last week amid falling U.S. government bond yields and expectations of a change in Federal Reserve interest rate policy.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-36-eur-da-tang-hon-10-so-voi-usd-trong-vong-bon-thang-qua-316388.html


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