Foreign exchange rates today April 23: USD regains momentum

World market foreign exchange rates

In the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 1.36% to 99.64.

The US dollar rose after US Treasury Secretary Scott Bessent said in a closed-door meeting that he believes trade tensions between the US and China will cool down.

At his closed-door presentation to investors at a JP Morgan conference, Bessent also described future negotiations with the US as a “war” that has not yet begun.

Investor confidence has been shaken by US President Donald Trump's tariff policies, which investors fear could disrupt world trade and hurt the economy .

The International Monetary Fund on April 22 cut its growth forecasts for the United States, China and most countries, citing the impact of US tariffs that are now at their highest level in 100 years.

Investors on April 22 also continued to assess Mr. Trump’s criticism of US Federal Reserve Chairman Jerome Powell. This week, Mr. Trump criticized Chairman Powell for not cutting interest rates, which raised concerns about the stability of the US economy.

Earlier, on April 17, President Donald Trump asserted that he could force Mr. Powell to leave. On the social network Truth Social, Mr. Trump criticized Fed Chairman Jerome Powell for always acting “too slowly and incorrectly”, saying that the Fed should have cut interest rates sooner like other central banks. He also mentioned that “firing Mr. Powell did not happen quickly enough”. In a speech on the same day at the White House, Mr. Trump once again criticized the Fed Chairman for his slowness in cutting interest rates and asserted: “If I wanted him to go, he would go very quickly”.

Minneapolis Fed President Neel Kashkari said the Fed’s independence in monetary policy is fundamental and key to a better economy. He also expressed concern about the risk of a tariff-induced recession after economic confidence plummeted following President Donald Trump’s tariff rollout. “The other component of this is confidence,” Kashkari said. “If everyone gets nervous and cuts back on spending, that could lead to a slowdown or even a recession,” he added.

The dollar fell 0.03% to 140.820 yen, after earlier falling below the psychological 140 level for the first time since mid-September.

The greenback rose 0.57% to 0.8138 Swiss franc, not far from a decade-low of 0.8042 hit in the previous session.

The euro fell 0.38% to $1.1467, after rising to $1.1573 on Monday for the first time since November 2021.

Domestic foreign exchange rates

In the domestic market, at the beginning of the trading session on April 23, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD increased by 9 VND, currently at 23,907 VND.

The reference exchange rate at the State Bank's transaction office has slightly decreased, currently at: 23,684 VND - 26,070 VND.

USD exchange rates at commercial banks are as follows:

At Vietcombank , the USD exchange rate is 25,725 - 26,115 VND/USD, up 55 VND in both directions, compared to yesterday's trading session.

VIB Bank is buying USD cash at the lowest price: 1 USD = 25,340 VND. VIB Bank is buying USD transfers at the lowest price: 1 USD = 25,400 VND

VIB Bank is selling USD cash at the lowest price: 1 USD = 25,760 VND. VIB Bank is selling USD transfers at the lowest price: 1 USD = 25,760 VND

ACB, BIDV, Eximbank, Hong Leong, NCB, Sacombank, Techcombank, TPB, VietABank, VietCapitalBank, VietinBank, VPBank are selling USD cash at the highest price: 1 USD = 26,120 VND

ABBank, ACB, NCB, Sacombank, TPB, VietBank are selling USD transfers at the highest price: 1 USD = 26,120 VND.

The EUR exchange rate at the State Bank's buying and selling exchange center increased slightly, currently at: 27,160 VND - 30,019 VND.

The Japanese Yen exchange rate at the State Bank of Vietnam's exchange office remains unchanged, currently at: 168 VND - 185 VND.

Today's Japanese Yen exchange rate surveyed on the morning of April 23, 2025 at banks, specifically as follows:

At Vietcombank, the Vietcombank Japanese Yen exchange rate is 178.38 VND/JPY and the selling rate is 189.71 VND/JPY.

At Vietinbank, the buying and selling Yen exchange rates are equivalent to 181.23 VND/JPY and 189.23 VND/JPY.

At BIDV bank, the buying and selling rates of Japanese Yen reached 181.03 VND/JPY and 189.44 VND/JPY, respectively.

Source: https://baodaknong.vn/ty-gia-ngoai-te-hom-nay-23-4-dong-usd-lay-lai-da-tang-250287.html