Foreign exchange rate update table - USD exchange rate Agribank today
| 1. Agribank - Updated: July 7, 2025 06:30 - Time of website source supply | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| USD | USD | 26,010 | 26,010 | 26,350 |
| EUR | EUR | 30,234 | 30,355 | 31,484 |
| GBP | GBP | 35,175 | 35,316 | 36,313 |
| HKD | HKD | 3,270 | 3,283 | 3,388 |
| CHF | CHF | 32,425 | 32,555 | 33,488 |
| JPY | JPY | 177.34 | 178.05 | 185.45 |
| AUD | AUD | 16,872 | 16,940 | 17,483 |
| SGD | SGD | 20,199 | 20,280 | 20,834 |
| THB | THB | 788 | 791 | 827 |
| CAD | CAD | 18,952 | 19,028 | 19,563 |
| NZD | NZD | 15,655 | 16,166 | |
| KRW | KRW | 18.42 | 20.23 | |
Exchange rate developments in the domestic market
In the domestic market, according to the World and Vietnam Newspaper at 7:30 am on July 7, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,116 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,911 VND - 26,321 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank : 25,960 - 26,350 VND.
Vietinbank: 25,845 - 26,355 VND.
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| Foreign exchange rates, USD/VND exchange rate today, July 7: Continues to face downward pressure. (Source: Getty Images) |
World market developments
The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at 96.99.
The DXY index fell 0.2% last week, hovering around 96.8-97.0, marking the second consecutive week of weakness.
The main reason comes from growing expectations that the US Federal Reserve (Fed) will soon cut interest rates amid increasing domestic economic pressure and signs of cooling inflation.
The Fed's pivot to a dovish monetary policy has reduced the attractiveness of the US dollar in the eyes of global investors.
In addition to the currency factor, fiscal risks also play an important role. The market is concerned that the Trump administration's tax cuts and spending increases debt could cause the US budget deficit to exceed forecasts and even push public beyond sustainable levels.
Rapid spending growth without additional revenue has investors questioned the long-term fiscal outlook for the United States, undermining confidence in the greenback.
In addition, the international trade situation also contributed to increasing pressure on the USD. The risk of trade tensions erupting when the US government threatens to impose new tariffs on July 9 also makes the market unstable, increasing the demand for safe-haven assets such as gold, EUR and Japanese Yen.
These rival currencies all increased in price during the week, pulling the DXY index down to its lowest level in more than three years.
This week, the USD is expected to continue to be under downward pressure, as the market continues to closely monitor developments related to the Fed's monetary policy, the domestic fiscal situation and international trade concerns.
Analysts say the Fed is likely to move closer to a decision to cut interest rates, especially as inflation shows signs of cooling and economic growth slows.
If the Fed signals more dovishness in upcoming speeches, the USD is likely to continue to weaken.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-77-tiep-tuc-chiu-ap-luc-giam-320145.html
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