Foreign exchange rates, USD/VND exchange rate today, March 7th: the Yen and Swiss Franc have risen, while the USD has fallen against most other currencies.
Foreign exchange rate update table - Agribank USD exchange rate today
| 1. Agribank - Updated: 07/03/2025 08:00 - Time of source website update | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| cau | cau | 25,275 | 25,290 | 25,630 |
| CZ | CZ | 26,921 | 27,029 | 28,135 |
| GBP | GBP | 32,179 | 32,308 | 33,306 |
| HKD | HKD | 3,210 | 3,223 | 3,330 |
| CHF | CHF | 27,972 | 28,084 | 28,977 |
| rush | rush | 166.60 | 167.27 | 174.59 |
| AUD | AUD | 15,814 | 15,878 | 16,399 |
| SGD | SGD | 18,760 | 18,835 | 19,377 |
| THB | THB | 737 | 740 | 773 |
| CAD | CAD | 17,444 | 17,514 | 18,024 |
| NZD | NZD | 14,341 | 14,841 | |
| KRW | KRW | 16.88 | 18.63 | |
Exchange rate movements in the domestic market
On the domestic market, according to TG&VN 's report at 7:45 AM on March 7th, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the US Dollar decreased by 12 dong, currently standing at 24,738 dong.
The reference USD exchange rate listed at the State Bank of Vietnam's Exchange Department is: 23,552 VND - 25,924 VND.
The USD exchange rates at commercial banks for buying and selling are as follows:
Vietcombank : 25,270 - 25,660 VND.
Vietinbank : 25,170 - 25,750 VND.
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| Foreign exchange rates, USD/VND exchange rate today, March 7th: USD 'weakened' in the currency basket. (Source: Getty Images) |
Exchange rate movements in the global market.
The US Dollar Index (DXY), which measures the fluctuations of the greenback against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), fell 1.12% to 104.19.
The Japanese Yen and the Swiss Franc rose, while the US dollar fell against most other currencies.
Specifically, the USD fell 0.6%, to 147.96 Yen. Against the Swiss Franc, the USD dropped to a three-month low of 0.8825 franc and closed the trading session down 0.8%, at 0.8838.
The US dollar also weakened against the Canadian dollar and the New Zealand dollar.
Investors are worried about the potential impact of large tariffs imposed by the Trump administration on the U.S. economy.
Eugene Epstein, director of North American trading at Moneycorp in New Jersey, said that many American businesses depend on imports and exports. Therefore, if trade figures decline, this could negatively impact the world's largest economy.
Conversely, the euro hit a four-month high against the dollar after the European Central Bank (ECB) cut interest rates for the sixth time in nine months as expected, but also revised upwards its short-term inflation forecast.
The euro briefly rose to its highest level since November at $1.0854, before falling back to $1.0784.
The euro has risen by about 4% this week, its biggest weekly gain since March 2020.
On March 6th, the ECB raised its inflation forecast to 2.3% this year for the euro area.
A major concern for investors is the impact of Germany's massive spending plan on the ECB's monetary policy. In a press conference following the interest rate decision, ECB President Christine Lagarde said the spending proposals would boost European growth.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-73-usd-lep-ve-trong-ro-tien-te-306618.html
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