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Foreign exchange rates, USD/VND exchange rate today April 18: ECB does something that weakens EUR

Foreign exchange rates, USD/VND exchange rate today, April 18, recorded USD increasing in price, EUR weakening after the European Central Bank (ECB) cut interest rates for the seventh time in a year.

Báo Quốc TếBáo Quốc Tế18/04/2025

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: April 18, 2025 07:30 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,700 25,710 26,050
EUR EUR 28,853 28,969 30,055
GBP GBP 33,589 33,724 34,691
HKD HKD 3,268 3,281 3,388
CHF CHF 31,069 31,194 32,105
JPY JPY 177.05 177.76 185.18
AUD AUD 16,134 16,199 16,725
SGD SGD 19,360 19,438 19,966
THB THB 759 762 795
CAD CAD 18,324 18,398 18,912
NZD NZD 15,057 15,564
KRW KRW 17.40 19.19

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 18, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD decreased by 6 VND, currently at 23,893 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,699 VND - 26,087 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,670 - 26,060 VND.

Vietinbank: 25,560 - 26,138 VND.

(Nguồn: Bloomberg)
The greenback has been largely steady this week, trading in a narrow range against the common European currency. (Source: Bloomberg)

World market developments

The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.02% to 99.40.

The US dollar rose and the euro weakened after the European Central Bank (ECB) cut interest rates for the seventh time in a year.

The greenback has largely steadied this week and traded in a narrow range against the common European currency, following sharp declines last week on concerns about the economic impact of tariffs and investors moving funds abroad.

“Our medium-term outlook remains quite bearish on the dollar, so we see this as a minor rebound,” said Eric Theoret, foreign exchange strategist at Scotiabank.

Traders are closely watching discussions between the administration of US President Donald Trump and trading partners.

On April 17, President Donald Trump said he hopes to reach a trade deal with China.

Mr. Trump also hailed great progress in tariff talks with Japan on April 16.

The ECB has cut interest rates to their lowest level since late 2022, in a bid to support the struggling eurozone economy, which is being hit hard by US tariffs.

Meanwhile, US Federal Reserve Chairman Jerome Powell said the Fed would wait for more data on the direction of the economy before changing interest rates, but warned that President Donald Trump's tariff policies risked pushing inflation and employment further away from the central bank's targets.

The euro fell 0.41% on the day to $1.1351 and is hovering below a three-year high of $1.1473 hit late last week.

Against the Japanese yen, the dollar rose 0.51% to 142.54. It had earlier hit 141.60, its lowest since September 18.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-184-ecb-lam-mot-dieu-khien-eur-suy-yeu-311485.html


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