Foreign exchange rates, USD/VND exchange rate today April 21: USD finds a way to increase again

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: April 21, 2025 07:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,740	25,750	26,090
EUR	EUR	28,913	29,029	30,117
GBP	GBP	33,782	33,918	34,888
HKD	HKD	3,273	3,286	3,393
CHF	CHF	31,098	31,223	32,134
JPY	JPY	177.71	178.42	185.88
AUD	AUD	16,208	16,273	16,801
SGD	SGD	19,422	19,500	20,031
THB	THB	757	760	794
CAD	CAD	18,383	18,457	18,972
NZD	NZD		15,207	15,715
KRW	KRW		17.45	19.24

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 21, 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.

Foreign exchange rates, USD/VND exchange rate today, April 21: USD finds a way to increase again. (Source: CNBC)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 99.23.

The DXY index is struggling to rise back above the psychological 100 level. This has been evident from the price action over the past week. This also makes the greenback likely to continue to decline in the coming days.

Investors are currently quite cautious due to concerns about the impact of trade tariffs from the Trump administration on the US economy.

The rapid changes in tariff announcements have sent investors seeking safe-haven assets, reducing the greenback's appeal.

Traders are pricing in a total of 86 basis points of Fed cuts by the end of 2025, with the first move forecast to come in July, putting downward pressure on the dollar despite Powell's more cautious stance, according to CME's FedWatch tool.

US Treasury yields also fell last week. Overall, the short-term picture remains bleak for the DXY.

The DXY index remains bearish. The range between 100 and 100.50 is acting as a strong resistance and limiting the greenback's upside.

That keeps the initial bearish view intact. The index could fall to 98.50. A break below 98.50 could drag the decline to 96 in the medium term.

The index needs to break above 100.50 to ease the bearish pressure. That would trigger a corrective rally to the 102 - 102.50 zone.

However, the downtrend is likely to continue. For the trend to reverse, the DXY index needs to break above 102.50. But that scenario seems unlikely at the moment.

The EUR/USD pair has struggled to stay above 1.1250 this week. The EUR could initially rise to 1.16. A break above 1.16 would fuel the upside momentum and take the currency to 1.20 in the coming months.

Conversely, a drop to 1.1150 would only occur if the EUR breaks below the support at 1.1250.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-214-usd-tim-duong-tang-tro-lai-311778.html