Foreign exchange rates, USD/VND exchange rate today August 6: USD slightly decreased, Mr. Trump is looking for a candidate for the position of Fed Chairman

Foreign exchange rates, USD/VND exchange rate today, August 6, recorded a slight decrease in USD as the market continued to expect that the Fed could cut interest rates next month.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 6, 2025 07:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,045	26,050	26,390
EUR	EUR	29,669	29,788	30,911
GBP	GBP	34,183	34,320	35,303
HKD	HKD	3,275	3,288	3,393
CHF	CHF	31,792	31,920	32,819
JPY	JPY	173.86	174.56	181.96
AUD	AUD	16,589	16,656	17,196
SGD	SGD	19,992	20,072	20,617
THB	THB	788	791	827
CAD	CAD	18,675	18,750	19,272
NZD	NZD		15,191	15,695
KRW	KRW		18.07	19.82

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 7:30 a.m. on August 6, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,219 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,009 VND - 26,429 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 26,030 VND - 26,420 VND.

Vietinbank: 25,920 VND - 26,430 VND.

Foreign exchange rates, USD/VND exchange rate today, August 6: USD slightly decreased, Mr. Trump is looking for a candidate for the position of Fed Chairman. (Source: PBS)

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 0.03%, currently at 98.76.

The US dollar edged lower as markets continued to correct after a weak jobs report raised expectations that the Federal Reserve could cut interest rates next month.

Investors also focused on President Donald Trump's nominations to the Fed's Board of Governors, including his pick to be commissioner of the Bureau of Labor Statistics (BLS).

"The market is in a correction phase right now after the jobs data and the Fed is in no rush to cut rates, and there's no clear signs of inflation," said Eugene Epstein, head of North American trading and structured products at Moneycorp in New Jersey. "So we're in a 'no-win' mode between now and next week's CPI data. And the dollar is adjusting... waiting for that data."

In addition to economic data, markets are also watching for personnel changes at the Fed, which could turn the agency more “dovish,” in line with President Trump’s views.

On August 5, President Trump said he would soon announce an interim replacement for Fed Governor Adriana Kugler - who resigned last Friday - as well as a candidate for the next Fed Chair.

He dismissed Treasury Secretary Scott Bessent as a candidate to replace current Chairman Jerome Powell, whose term expires in May 2026.

Meanwhile, the EUR was almost unchanged against the USD, currently at 1.1569 USD.

In other currency pairs, the dollar rose 0.4% to 147.66 yen, after minutes of the Bank of Japan's (BOJ) June policy meeting showed some members said the BOJ would consider raising interest rates again if trade tensions eased.

The Swiss franc edged down on the day to CHF0.8077/USD, after falling 0.5% in the previous session.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-68-usd-giam-nhe-ong-trump-dang-tim-ung-cu-vien-cho-chuc-chu-chair-fed-323419.html