Foreign exchange rates today March 27: USD reaches 3-week high

World currency exchange rates

The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.48% to 104.67.

Traders worry that trade tariffs will slow U.S. growth and potentially reignite inflation. A press conference on auto tariffs is scheduled for 4 p.m. ET on March 26.

Trump said on March 24 that tariffs on imported cars could be imposed this week, ahead of plans to announce a series of “reciprocal” tariffs next week. Trump and his economic advisers have promised to announce those tariffs, and possibly additional sectoral tariffs, on April 2.

The greenback had earlier fallen in early trading after durable goods orders unexpectedly rose in February.

Minneapolis Federal Reserve Bank President Neel Kashkari said on March 26 that he was uncertain about the impact of tariffs on the U.S. economy, noting that they could push prices higher or slow economic growth and require lower borrowing costs.

Meanwhile, St. Louis Fed President Alberto Musalem said there is a risk that US inflation will stall above the Fed's 2% target or even rise further in the near term, as higher import tariffs are likely to cause more persistent price pressures.

In contrast, the euro weakened ahead of the tariff announcement, falling to $1.075, its lowest since March 5. It closed down 0.32% at $1.0757, on track for a sixth straight day of declines against the greenback.

European Union (EU) Trade Commissioner Maros Sefcovic met with President Donald Trump’s top trade officials on July 25 in an effort to avert steep import tariffs that the US plans to impose on EU goods next week, but the outcome of the talks remains unclear.

The Japanese yen fell 0.42 percent to 150.50 yen against the greenback. Bank of Japan Governor Kazuo Ueda said on March 26 that the Bank of Japan (BOJ) would have to raise interest rates if rising food costs lead to broad-based inflation, but reiterated that core inflation remains below its 2 percent annual target. The BOJ is widely expected to raise rates again in July.

New Bank of Japan board member Junko Koeda also said the country's real interest rates are currently at extremely low levels amid accelerating inflation, supported by solid wage growth.

The pound fell to a two-week low as inflation cooled and after UK finance minister Rachel Reeves delivered her latest fiscal statement. Earlier data showed UK inflation slowed to 2.8% year-on-year in February, down from 3.0% in January.

Meanwhile, the AUD fell 0.14% to $0.6292.

Domestic foreign exchange rates

In the domestic market, at the beginning of the trading session on March 27, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD increased by 4 VND, currently at 24,851 VND.

* The reference exchange rate at the State Bank's transaction office increased slightly, currently at: 23,659 VND - 26,043 VND.

USD exchange rates at some commercial banks are as follows:

* The EUR exchange rate at the State Bank's buying and selling exchange center decreased slightly, currently at: 25,456 VND - 28,135 VND.

EUR exchange rates at some commercial banks are as follows:

* The Japanese Yen exchange rate at the State Bank's exchange office has increased slightly, currently at: 157 VND - 174 VND.

USD exchange rates at some commercial banks are as follows:

Source: https://baodaknong.vn/ty-gia-ngoai-te-hom-nay-27-3-dong-usd-dat-muc-cao-nhat-3-tuan-247366.html