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Foreign exchange rates, USD/VND exchange rate today, July 17: Mr. Trump admits it is difficult to fire the Fed Chairman, USD decreases

Foreign exchange rates, USD/VND exchange rate today, July 17, recorded the USD and US bond yields decreasing as the market stabilized again.

Báo Quốc TếBáo Quốc Tế17/07/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: 07/17/2025 08:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,970 25,980 26,320
EUR EUR 29,789 29,909 31,033
GBP GBP 34,436 34,574 35,561
HKD HKD 3,266 3,279 3,384
CHF CHF 32,062 32,191 33,113
JPY JPY 171.91 172.60 179.88
AUD AUD 16,725 16,792 17,333
SGD SGD 20,012 20,092 20,639
THB THB 784 787 822
CAD CAD 18,730 18,805 19,331
NZD NZD 15,310 15,816
KRW KRW 18.10 19.85

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 7:00 a.m. on July 17, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,168 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,960 VND - 26,376 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,920 VND - 26,310 VND.

Vietinbank: 25,805 VND - 26,315 VND.

Tỷ giá ngoại tệ, tỷ giá USD/VND hôm nay 5/2 (Ảnh: Ngọc Thắng)
Foreign exchange rates, USD/VND exchange rate today, July 17: Mr. Trump admits it is difficult to fire the Fed Chairman, USD decreases. (Photo: Ngoc Thang)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.31% to 98.31.

The US dollar and US bond yields fell as markets stabilized after US President Donald Trump said it was "very unlikely" he would fire Federal Reserve Chairman Jerome Powell.

The market became volatile late on July 16, when the US dollar was sold off sharply on concerns that Mr. Trump would fire the head of the central bank.

However, investors reversed course after Mr Trump denied a Bloomberg report that he was planning to fire Powell.

However, President Trump said he had discussed the idea with some Republican lawmakers and continued to criticize Mr. Powell, while refusing to completely rule out replacing the Fed Chairman, whose term ends in May 2026.

Mr. Powell has been publicly criticized several times by President Trump for keeping interest rates steady while monitoring the inflationary impact of tariffs.

The president has repeatedly pressed the Fed to lower interest rates sooner, raising concerns about the central bank's independence.

In currency markets, the dollar edged lower but remained above its low of the day after initial concerns about Mr Powell eased.

The euro rose 0.34% to $1.1639, while the dollar fell 0.71% against the Japanese yen to $147.81.

The pound rose 0.28% to $1.3416 after data showed Britain's annual consumer inflation unexpectedly rose to its highest level in more than a year.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-177-ong-trump-thua-nhan-kho-sa-thai-chu-tich-fed-usd-giam-321203.html


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