USD plummets, EUR hits three-month high.

Foreign exchange rates, specifically the USD/VND exchange rate today, March 5th, show the EUR rising to a three-month high against the USD, after Germany announced a proposal to establish a €500 billion fund for infrastructure and increased defense spending.

Foreign exchange rate update table - Agribank USD exchange rate today

1. Agribank - Updated: 05/03/2025 07:30 - Time of website update
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,375	25,390	25,730
CZ	CZ	26,354	26,460	27,561
GBP	GBP	31,891	32,019	33,014
HKD	HKD	3,221	3,234	3,341
CHF	CHF	28,090	28,203	29,098
rush	rush	167.20	167.87	175.21
AUD	AUD	15,547	15,609	16,126
SGD	SGD	18,673	18,748	19,284
THB	THB	736	739	771
CAD	CAD	17,369	17,439	17,944
NZD	NZD		14,108	14,606
KRW	KRW		16.75	18.47

Exchange rate movements in the domestic market

On the domestic market, according to TG&VN 's report at 7:45 AM on March 5th, the State Bank of Vietnam announced the central exchange rate of the Vietnamese Dong against the US Dollar at 24,755 VND, a decrease of 3 VND.

The reference USD exchange rate listed at the State Bank of Vietnam's Exchange Department is: 23,568 VND - 25,942 VND.

The USD exchange rates at commercial banks for buying and selling are as follows:

Vietcombank : 25,360 - 25,750 VND.

Vietinbank : 25,210 - 25,790 VND.

Foreign exchange rates, USD/VND exchange rate today, March 5th: USD plummets, EUR hits a three-month high. (Source: Economic Times)

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 1.15% to 105.59.

The US dollar plummeted, while the euro rose to a three-month high against the greenback, after Germany announced a proposal to create a €500 billion fund for infrastructure and increase defense spending.

The EUR also appreciated following news that the US and Ukrainian authorities plan to sign a minerals agreement today (March 5) after a tense meeting in the Oval Office last weekend between Ukrainian President Volodymyr Zelensky and US President Donald Trump.

The euro briefly rose to $1.0623, its highest level since December 6, 2024. The currency closed the trading session up 1.2% at $1.0611.

Against the Japanese Yen, the EUR hit a two-week high, closing the trading session up 1.2% at 158.64 Yen.

President Donald Trump told his advisers that he wanted to announce the minerals deal in his speech to Congress on the evening of March 5.

The mineral agreement was seen as a step toward a peace deal between Russia and Ukraine to end the conflict that has lasted more than three years. However, it remains unclear whether the agreement will change.

The US dollar fell against most other currencies amid concerns about slowing growth and the impact of tariffs on the U.S. economy.

President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect on March 4th, along with a doubling of tariffs on imports from China to 20%.

For its part, China announced it would impose additional tariffs of 10-15% on some US imports starting March 10. Canada said its retaliatory tariffs against the US would also take effect soon, and Mexico is expected to take similar action.

In other developments, the British pound rose to its highest level since mid-December 2024, closing the trading session up 0.7% at $1.2784.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-53-usd-roi-thang-dung-eur-cham-dinh-ba-thang-306319.html