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Foreign exchange rates, USD/VND exchange rate today April 10: US has a policy to support the USD

Foreign exchange rates, USD/VND exchange rate today, April 10, recorded the USD stable compared to safe haven currencies including the Japanese Yen and the Swiss Franc.

Báo Quốc TếBáo Quốc Tế10/04/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: April 10, 2025 10:00 - Time of website source supply
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,660 25,680 26,020
EUR EUR 27,834 27,946 29,071
GBP GBP 32,756 32,707 33,671
HKD HKD 3,265 3,278 3,386
CHF CHF 29,743 29,862 30,758
JPY JPY 171.79 172.48 179.58
AUD AUD 15,535 15,597 16,115
SGD SGD 18,913 18,989 19,529
THB THB 735 738 770
CAD CAD 18,000 18,072 18,600
NZD NZD 14,338 14,841
KRW KRW 16.96 18.69

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on April 10, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 38 VND, currently at 23,936 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,740 VND - 26,132 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,920 - 26,182 VND.

Vietinbank: 25,660 - 26,183 VND.

(Nguồn: The Straits Times)
Foreign exchange rates, USD/VND exchange rate today, April 10: The US has a policy to support the USD. (Source: The Straits Times)

World market developments

The US Dollar Index (DXY), which measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), remained unchanged at 102.91.

The dollar was steady against safe-haven currencies including the Japanese yen and Swiss franc, after US President Donald Trump announced a 90-day pause on many new tariffs on trading partners, but increased duties on Chinese goods.

US President Trump said he had granted a 90-day pause on the 10% reciprocal tariff but would also increase the tariff on China to 125%, effective immediately.

In a post on the social network Truth, the US President announced that he would immediately raise tariffs on China to 125%. He also said that more than 75 countries have contacted US representatives to negotiate solutions to the issues being discussed regarding trade, tariffs... "

“And since these countries have not retaliated in any way, I have suspended the full reciprocal tariffs for 90 days and reduced the reciprocal tariffs during this time to a base rate of 10%. This decision is effective immediately,” Trump wrote.

The dollar initially weakened against other currencies in early trading after the Trump administration’s “reciprocal” tariffs on dozens of countries took effect on April 9, including a 104% tariff on Chinese goods.

China quickly retaliated with 84% tariffs on US goods from today (April 10), while EU countries also approved the bloc's first countermeasures to the US tariff move on April 9.

“The big moves in the market today, especially in stocks, are taking this news very well,” said Amarjit Sahota, managing director at Klarity FX in San Francisco. “But I think the 90-day pause just adds to the volatility during that 90 days.”

The yield on the benchmark 10-year Treasury note pared gains after the Treasury Department saw strong demand for its $39 billion bond sale on April 9.

US Treasury Secretary Scott Bessent reiterated in a Fox News interview that the US still has a policy to support the USD.

Meanwhile, the euro rose 0.11% to $1.09685, approaching last week's peak of $1.1147. The DXY index recovered from an early session decline.

According to Reuters , the People's Bank of China will not allow the yuan to fall sharply and has asked major state-owned banks to reduce their purchases of US dollars.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-104-my-co-chinh-sach-ho-tro-dong-usd-310537.html


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