Foreign exchange rates on April 5, 2025: USD rebounds strongly, recovers impressively against EUR and Japanese Yen

Illustration photo. Photo: Internet

USD exchange rate on international market

The Dollar Index (DXY), which measures the strength of the greenback against a basket of six major currencies including EUR, JPY, GBP, CAD, SEK and CHF, recorded 102.89 - an increase of 0.82% compared to April 4, 2025.

The US dollar saw a clear recovery in the recent session, when it increased again against major currencies such as the EUR and the Japanese yen, after the speech of the Chairman of the US Federal Reserve (Fed) Jerome Powell on the US tariff policy, while sending a cautious signal about lowering interest rates in the near future.

Powell's remarks underscored the potential for tariffs to push up inflation and slow economic growth, and underscored the difficulties facing policymakers at the Fed.

In contrast to the recovery of the USD, the AUD fell to a five-year low against the USD after China announced new tariffs on US goods on April 4.

Peter Vassallo, who is currently the FX portfolio manager at BNP Paribas Asset Management, commented that the inflation concern is completely justified as inflation has exceeded the target threshold for the past 5 years.

Powell’s comments came shortly after the latest report showed the US economy created 228,000 jobs last month, compared to 117,000 in February, and much higher than the forecast of 135,000; while the unemployment rate rose to 4.2% from 4.1%.

China has also just issued an additional 34% tax on all goods imported from the US, effective from April 10, increasing concerns about a global economic recession and leading to negative sentiment in the stock market.

A measure of US inflation due to be released next week will help track the changes in the prices of goods and services that consumers are paying.

Domestic USD exchange rate

In the domestic market, on the morning of April 5, the State Bank announced the central exchange rate between VND and USD increased by 32 VND, currently at 23,886 VND.

At the State Bank of Vietnam, the listed buying and selling exchange rates have been slightly adjusted, currently at 23,692 VND - 26,080 VND.

Transactions at Vietcombank show that the USD exchange rate is at 25,570 - 25,960 VND/USD, a decrease of 20 VND in both buying and selling compared to yesterday.

PVcomBank currently lists the lowest USD cash purchase price on the market at: 1 USD = 25,160 VND.

Also at PVcomBank, the lowest USD transfer purchase price is recorded as: 1 USD = 25,200 VND.

HSBC Bank is leading in the highest USD cash purchase price, with the rate: 1 USD = 25,682 VND.

Meanwhile, VietinBank is currently the unit listing the highest USD transfer purchase price on the market, at: 1 USD = 25,984 VND.

OCB is currently the bank selling USD cash at the lowest price, at: 1 USD = 25,700 VND.

The lowest USD transfer price also belongs to OCB, with the rate: 1 USD = 25,720 VND.

PVcomBank and SCB are currently listing the highest USD cash selling price on the market, at: 1 USD = 26,050 VND.

SCB also maintains the highest USD transfer selling price today, reaching: 1 USD = 26,050 VND.

The EUR exchange rate announced by the State Bank of Vietnam has increased slightly, currently at the buying - selling rate of: 25,151 VND - 28,908 VND.

The Japanese yen exchange rate at the State Bank of Vietnam also recorded a slight increase, with the buying and selling rates being: 162 VND - 179 VND.

Viet Anh (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/ty-gia-ngoai-te-ngay-5-4-2025-usd-bat-tang-manh-phuc-hoi-an-tuong-truoc-eur-va-yen-nhat/20250405094955753