USD exchange rate today: Early morning of July 10, the State Bank announced the central exchange rate of Vietnamese Dong to USD at 25,119 VND.
Meanwhile, in the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.03% to 97.49.
DXY Index volatility chart over the past 24 hours. Photo: Marketwatch |
USD exchange rate today in the world
The US dollar traded near a two-and-a-half week high against major currencies on Wednesday, largely due to the spillover effects of US President Donald Trump's new tariff policies.
Meanwhile, copper hit a record high overnight after US President Donald Trump widened the global trade war by threatening to impose a 50% tariff on copper. Trump also announced new tariffs on semiconductors and pharmaceuticals, which weighed on Wall Street on Tuesday, with futures pointing to continued weakness on Wednesday.
While the harsh tariff policy has caused uncertainty, the market seems to have started to adapt to the US negotiating "tactics" of playing "deadlines", such as the August 1 deadline for applying new tariffs. This has helped to reduce the initial shock reaction. Analysts say the USD is supported not only by its real strength but also by its status as a "safe haven" currency amid geopolitical tensions.
“The delay of tariffs on some of America’s major trading partners to August 1st is both a way to ‘kick the ball forward’ and reinforces the view that higher tariffs are really just bargaining leverage,” said Kyle Rodda, senior financial market analyst at Capital.com. “As a result, the market is hanging in the balance, waiting for a clearer catalyst to determine the next direction,” he added.
President Trump also said on Tuesday that trade talks with the European Union and China were going well, although he stressed that he was just days away from sending formal tariff letters to the EU.
Since Trump announced his retaliatory tariffs on April 2, dubbed “Trade Liberation Day,” the US has only struck two trade deals, one with the UK and one with Vietnam. In June, Washington and Beijing agreed on a common framework for tariff rates, marking a cautious step forward between the world’s two largest economies .
The US dollar hit its highest level since June 20, trading at 147.02 Japanese yen.
Meanwhile, the EUR was steady at $1.1720.
The British pound was flat around $1.3585.
Illustration photo: vneconomy.vn |
Domestic USD exchange rate today
In the domestic market, at the beginning of the trading session on July 10, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 25,119 VND.
* The reference USD exchange rate at the State Bank's buying and selling exchange center has decreased, currently at: 23,914 VND - 26,324 VND.
USD exchange rates at commercial banks are as follows:
USD exchange rate | Buy | Sell |
Vietcombank | 25,930 VND | 26,320 VND |
Vietinbank | 25,810 VND | 26,320 VND |
BIDV | 25,960 VND | 26,320 VND |
* The EUR exchange rate at the State Bank's buying and selling exchange center increased, currently at: 27,967 VND - 30,911 VND.
EUR exchange rates at commercial banks are as follows:
EUR exchange rate | Buy | Sell |
Vietcombank | 29,862 VND | 31,467 VND |
Vietinbank | 29,698 VND | 31,408 VND |
BIDV | 30,190 VND | 31,429 VND |
* The Japanese Yen exchange rate at the State Bank's exchange office for buying and selling has decreased, currently at: 162 VND - 179 VND.
Japanese Yen Exchange Rate | Buy | Sell |
Vietcombank | 171.90 VND | 182.82 VND |
Vietinbank | 173.90 VND | 183.60 VND |
BIDV | 174.63 VND | 182.32 VND |
HUYEN TRANG
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Source: https://baolamdong.vn/ty-gia-usd-hom-nay-10-7-dong-usd-duy-tri-da-tang-381767.html
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