Early morning of June 7, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD decreased slightly, currently at 24,992 VND.
USD exchange rate today in the world
The dollar continued to weaken amid signs of fragility in the US economy and a deadlock in trade talks with China. Investors are awaiting the US non-farm payrolls report, which is expected to show an increase of 130,000 jobs and the unemployment rate holding steady at 4.2%. However, there are concerns that the unemployment rate could rise to 4.3%, adding pressure to the dollar.
The dollar's weakness was fueled by disappointing economic data and concerns about the lasting impact of tariffs imposed by US President Donald Trump.
Meanwhile, the euro continued to rise against the dollar, reflecting a shift in market expectations for the European Central Bank's (ECB) monetary policy. After the ECB cut interest rates by another 25 basis points to 2%, ECB President Christine Lagarde said the bank was "well-positioned" to manage global economic uncertainties, especially those related to US tariffs. The statement led markets to believe that the ECB was nearing the end of its rate-cutting cycle, leading to a rise in the euro and a spike in short-term bond yields in the eurozone.
The euro’s strength has also been supported by other factors, including lower oil prices and improving business activity indicators. The euro has gained nearly 4% against a basket of major currencies since the start of 2025, marking a significant recovery for the currency.
In contrast, the Japanese yen fell 0.27% against the dollar, trading at 143.93 yen per dollar. The US Federal Reserve (Fed) is facing pressure to cut interest rates due to weak economic data, while the Bank of Japan (BOJ) ended its massive economic stimulus program and raised short-term interest rates by 0.5%. However, the BOJ remained cautious about raising interest rates further due to concerns about the impact of US tariffs.
Japan's former top foreign exchange official Mitsuhiro Furusawa predicts the yen will appreciate to around 135-140 yen per dollar by the end of 2025, largely due to a narrowing interest rate gap between the United States and Japan. He also said both countries want to stabilize their currencies to control inflation and protect exports.
Domestic USD exchange rate today
In the domestic market, at the beginning of the trading session on June 7, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,992 VND.
* The reference exchange rate at the State Bank's transaction office has slightly decreased, currently at: 23,793 VND - 26,191 VND.
USD exchange rates at commercial banks are as follows:
USD exchange rate | Buy | Sell |
25,830 VND | 26,220 VND | |
Vietinbank | 25,720 VND | 26,230 VND |
BIDV | 25,881 VND | 26,241 VND |
* The EUR exchange rate at the State Bank's buying and selling exchange increased, currently at: 27,183 VND - 30,044 VND.
EUR exchange rates at commercial banks are as follows:
EUR exchange rate | Buy | Sell |
Vietcombank | 28,963 VND | 30,550 VND |
Vietinbank | 28,807 VND | 30,517 VND |
BIDV | 29,331 VND | 30,605 VND |
* The Japanese Yen exchange rate at the State Bank's exchange office for buying and selling has slightly decreased, currently at: 165 VND - 183 VND.
Japanese Yen Exchange Rate | Buy | Sell |
Vietcombank | 174.51 VND | 185.60 VND |
Vietinbank | 175.56 VND | 185.26 VND |
BIDV | 177.2 VND | 185.46 VND |
Source: https://baolangson.vn/ty-gia-usd-hom-nay-7-6-dong-usd-tiep-tuc-suy-yeu-do-du-lieu-kinh-te-khong-dat-ky-vong-5049374.html
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