USD exchange rate today April 16, 2025: Signs of recovery

The Dollar Index (DXY), which measures the strength of the USD against six major currencies such as the euro, Japanese yen or British pound, rose slightly to 99.83 points on April 16, 2025, up 0.22 points from the previous day. This increase shows the technical recovery of the USD after a strong sell-off last week.

Expert Vassili Serebriakov from UBS bank said that the USD is no longer driven by short-term economic factors such as interest rate differentials, but mainly reflects global investment flows.

Investors are pulling out of US assets due to concerns about economic slowdown, inconsistent tariff policies and more positive expectations for the European region.

This week the market is quite quiet due to the Easter holiday in the US, however investors are still cautious, especially waiting for new information related to the Trump administration's tax policies.

Last week was a period of asset restructuring, while this week has been somewhat subdued due to the holiday effect, said TD Securities expert Prashant Newnaha.

In foreign exchange markets, the euro fell 0.28% against the dollar to $1.1317 - below the three-year high of $1.1473 set last week.

Pessimistic sentiment in Germany and signs of credit tightening in the euro zone continue to put pressure on the common European currency.

Against the Japanese yen, the USD is currently trading around 143 yen, still close to a six-month low of 142.05 yen/USD recorded last weekend.

Japan is actively asking the United States to remove additional tariffs, according to chief negotiator Ryosei Akazawa during a three-day visit to Washington.

The dollar also recovered 0.42% against the Swiss franc, to 0.818 francs after hitting a 10-year low last week. Meanwhile, riskier currencies such as the British pound, Australian dollar and New Zealand dollar all rose sharply. Specifically, the British pound rose to 1.3226 USD, the Australian dollar reached 0.6377 USD and the New Zealand dollar rose to 0.5934 USD, all of which were multi-month highs.

The central exchange rate announced by the State Bank is 24,891 VND/USD, up 5 VND compared to yesterday. In the banking market, Vietcombank listed the buying and selling rates at 25,620 - 26,010 VND/USD, up 10 VND each way compared to the previous session.

Regarding commercial banks, the lowest USD buying price is at VIB, with 25,340 VND in cash and 25,400 VND for transfers. Meanwhile, HSBC buys the highest USD in cash at 25,713 VND, and the highest transfer price is at VietinBank at 26,065 VND.

On the selling side, VIB kept the lowest price at 25,760 VND for both cash and transfer. Banks such as NCB, PGBank, SCB and VRB had the highest cash selling price, up to 26,080 VND/USD. NCB is also leading in the transfer selling rate at 26,090 VND.

In the free market, the USD exchange rate also increased slightly. As of 4:00 a.m., the buying and selling prices of USD were 26,063 and 26,163 VND, respectively, up 36 VND compared to yesterday. This shows the USD's tendency to stabilize after a series of days of strong weakness.

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Source: https://baonghean.vn/ty-gia-usd-hom-nay-16-4-2025-co-dau-hieu-phuc-hoi-10295219.html