Exchange rate on world market
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 97.49 - down 0.03% compared to July 9, 2025.
Illustration photo. (Photo source: Internet)
The US dollar traded near a two-and-a-half week high against major currencies on Wednesday, largely due to the spillover effects of US President Donald Trump's new tariff policies.
Meanwhile, copper hit a record high overnight after US President Donald Trump widened the global trade war by threatening to impose a 50% tariff on copper. Trump also announced new tariffs on semiconductors and pharmaceuticals, putting Wall Street under pressure on Tuesday, with futures pointing to continued weakness on Wednesday.
While the harsh tariffs have created uncertainty, markets appear to be adjusting to the US negotiating tactic of playing with deadlines, such as the August 1 deadline for new tariffs. This has helped to dampen the initial shock reaction. Analysts say the US dollar is supported not only by its real strength but also by its status as a “safe haven” currency amid geopolitical tensions.
“The delay of tariffs on some of America’s major trading partners to August 1st is both a way of ‘kicking the ball forward’ and reinforcing the view that higher tariffs are really just bargaining leverage,” said Kyle Rodda, senior financial market analyst at Capital.com. “As a result, the market is hanging in the balance, waiting for a clearer catalyst to determine the next direction,” he added.
President Trump also said on Tuesday that trade talks with the European Union and China were going well, although he stressed that he was just days away from sending formal tariff letters to the EU.
Since Trump announced his retaliatory tariffs on April 2, dubbed “Trade Liberation Day,” the US has only struck two trade deals, one with the UK and one with Vietnam. In June, Washington and Beijing agreed on a common framework for tariff rates, marking a cautious step forward between the world’s two largest economies .
The dollar hit its highest level since June 20, trading at 147.02 yen.
Meanwhile, the EUR was steady at $1.1720.
The British pound was flat around $1.3585.
Domestic USD exchange rate
In the domestic market, at the beginning of the trading session on July 10, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 25,119 VND.
The reference USD exchange rate at the State Bank's buying and selling exchange center has decreased, currently at: 23,914 VND - 26,324 VND.
Specifically, at Vietcombank, the USD exchange rate is 25,930 - 26,320 VND/USD, an increase of 15 VND in both directions, compared to yesterday's trading session.
NCB Bank is buying USD cash at the lowest price: 1 USD = 25,775 VND
VietinBank is buying USD transfers at the lowest price: 1 USD = 25,780 VND
HSBC Bank is buying USD cash at the highest price: 1 USD = 26,012 VND
HSBC Bank is buying USD transfers at the highest price: 1 USD = 26,012 VND
HSBC Bank is selling USD cash at the lowest price: 1 USD = 26,248 VND
HSBC Bank is selling USD transfers at the lowest price: 1 USD = 26,248 VND
Saigonbank and VietABank are selling USD cash at the highest price: 1 USD = 26,370 VND
SCB Bank is selling USD transfers at the highest price: 1 USD = 26,360 VND
The EUR exchange rate at the State Bank's buying and selling exchange center increased, currently at: 27,967 VND - 30,911 VND.
The Japanese Yen exchange rate at the State Bank's exchange office for buying and selling has decreased, currently at: 162 VND - 179 VND.
Source: https://doanhnghiepvn.vn/kinh-te/gia-ngoai-te-ngay-10-7-2025-usd-giam-nhe-index-dung-o-muc-97-49/20250710083127715
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