USD exchange rate today (July 11): USD continues to increase

USD exchange rate today: Early morning of July 11, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased, currently at 25,131 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) increased by 0.03% to 97.59.

DXY Index volatility chart over the past 24 hours. Photo: Marketwatch

USD exchange rate today in the world

The dollar rose against major currencies including the euro and the Swiss franc on Thursday, as foreign exchange markets largely shrugged off President Donald Trump’s latest tariff threats. The only exception was Brazil, where the real plunged after Trump threatened tariffs of up to 50%.

Investors continued to seek riskier assets as the most damaging tariff scenarios appeared unlikely. The market’s optimism was also bolstered by the minutes of the Federal Reserve’s most recent meeting, in which a majority of policymakers said a rate cut would be appropriate later this year.

The dollar is benefiting somewhat from the perception that, despite the volatility from tariffs, the U.S. economy remains a pillar of the global trading system, said Juan Perez, director of trading at Monex USA in Washington.

“So what should you do when the US makes unpredictable moves? The answer is still to hold the US dollar. Oddly enough, the sudden talk of tariffs shows the power of the US’s leverage,” Mr. Perez said.

The dollar rose 0.37% against the Swiss franc to 0.797, reversing two consecutive sessions of declines. Meanwhile, the dollar was almost flat against the Japanese yen, trading around 146.235.

The EUR fell 0.23% to $1.1692, marking two consecutive sessions of declines against the greenback.

Brazilian President Luiz Inácio Lula da Silva said he wanted to find a diplomatic solution to President Donald Trump’s threat to impose a 50% tariff on Brazilian exports, but he also said he would respond in kind if the tariff goes into effect on August 1.

The Brazilian real fell 2.8%, its biggest one-day drop since June 6. At the close of trading, the real was down 0.56%, trading at $5.5433.

With the exception of Brazil, Mr. Trump’s latest trade letters to partners largely maintain the tariffs announced in his April 2 “Liberation Day” proclamation, similar to letters sent this week.

Illustration photo: nld.com.vn

Domestic USD exchange rate today

In the domestic market, at the beginning of the trading session on July 11, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 25,131 VND.

* The reference USD exchange rate at the State Bank's buying and selling exchange center increased, currently at: 23,925 VND - 26,337 VND.

USD exchange rates at commercial banks are as follows: