USD exchange rate today July 2, 2025: USD gradually recovers, 'black market' exchange rate drops sharply

USD exchange rate today 7/2/2025

At the time of survey at 4:30 a.m. on July 2, the central exchange rate at the State Bank is currently 25,058 VND/USD, an increase of 6 VND compared to yesterday's trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,920 - 26,310 VND/USD, an increase of 10 VND in both directions, compared to yesterday's trading session.

NCB Bank is buying USD cash at the lowest price: 1 USD = 25,770 VND

VietinBank is buying USD transfers at the lowest price: 1 USD = 25,770 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 26,007 VND

HSBC Bank is buying USD transfers at the highest price: 1 USD = 26,007 VND

HSBC Bank is selling USD cash at the lowest price: 1 USD = 26,243 VND

HSBC Bank is selling USD transfers at the lowest price: 1 USD = 26,243 VND

ACB , Eximbank, HDBank, MSB, PublicBank, Saigonbank, Techcombank, TPB, UOB, VietABank, Vietcombank are selling USD cash at the highest price: 1 USD = 26,310 VND

ACB, MSB, NCB, PublicBank, TPB, VietBank are selling USD transfers at the highest price: 1 USD = 26,310 VND

Tỷ giá USD tại một số ngân hàng hôm nay. Nguồn Webgia.com — USD exchange rate at some banks today. Source Webgia.com

In the "black market", the black market USD exchange rate as of 4:30 a.m. on July 2, 2025 decreased by 68 VND in both buying and selling directions, compared to yesterday's trading session, trading around 26,359 - 26,439 VND/USD.

Thị trường chợ đen ngày 02/07/2025. Ảnh: Chogia.vn — Black market on July 2, 2025. Photo: Chogia.vn

USD exchange rate today July 2, 2025 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 96.86 - down 0.19 points compared to July 1, 2025.

Diễn biến chỉ số DXY trong thời gian qua. — DXY index performance over time.

Speaking at a central bank conference in Portugal, Fed Chairman Jerome Powell stressed that the agency would wait for more economic data before starting to ease monetary policy, but he also did not rule out the possibility of starting to cut interest rates as early as July.

Specifically, according to data from the US Department of Labor, the number of vacancies increased by 374,000 in May, bringing the total to 7.769 million - far exceeding analysts' forecasts. This positive information helped the USD significantly narrow its decline against the Japanese yen and Swiss franc.

Before the data was released, the dollar fell 0.46% against the yen and 0.28% against the franc. However, the decline was later reduced to 0.33% against the yen, bringing the exchange rate to 143.53 JPY/USD, and only 0.09% against the franc, trading at 0.7925 CHF/USD.

The euro was also affected, falling slightly by 0.06% against the greenback, trading at $1.1781, after rising slightly by 0.05% earlier in the session.

The US dollar index, which measures the greenback against a basket of other major currencies, rose 0.09% to 96.84, reversing a 0.05% decline to 96.71. This shows that the greenback is regaining market confidence amid the possibility that the Fed may delay its monetary policy easing cycle if the US economy continues to show strength.