Foreign exchange rates, USD/VND exchange rate today March 31: USD may drop to 103

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: March 31, 2025 08:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,380	25,400	25,740
EUR	EUR	27,059	27,168	28,278
GBP	GBP	32,502	32,633	33,595
HKD	HKD	3,222	3,235	3,342
CHF	CHF	28,432	28,546	29,444
JPY	JPY	165.52	166.18	173.26
AUD	AUD	15,774	15,837	16,358
SGD	SGD	18,744	18,819	19,358
THB	THB	735	738	770
CAD	CAD	17,541	17,611	18,123
NZD	NZD		14,395	14,897
KRW	KRW		16.69	18.41

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on March 31, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,843 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,651 VND - 26,035 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 25,370 - 25,760 VND.

Vietinbank: 25,245 - 25,825 VND.

Foreign exchange rates, USD/VND exchange rate today, March 31: USD may drop to 103. (Source: Shutterstock)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 104.01.

The DXY index is showing a reversal this past week.

The greenback fell as traders weighed tough tariffs that US President Donald Trump is expected to announce this week.

Optimism that President Donald Trump would be flexible in his tariff policy boosted the greenback earlier this week, but traders remained nervous ahead of his planned “reciprocal” tariff announcement on April 2.

In addition, data showing core inflation rose 0.4% in February, higher than expected, and a survey from the University of Michigan showing that consumers' 12-month inflation expectations jumped to their highest level in more than two years in March 2025, negatively impacted the greenback.

The index hit a high of 104.68 before falling back to close the week at 104.01. The scenario of a corrective rally to 105 mentioned last week has not yet occurred.

That raises speculation that the DXY index will see fresh declines from here.

The DXY index may fall to 103 in the coming time. At that time, a break below 103 will increase the bearish pressure and pull the index down to the 102-101 zone and even to 100 in the coming weeks.

Any recovery will face resistance at 104.85 and 105.20.

Meanwhile, the support zone at 1.0730-1.07 for EUR/USD mentioned last week held very well. The EUR hit a low of 1.0733 and bounced back from there.

Current resistance for EUR/USD is at 1.0850. A break above this level could send EUR to 1.0950. A break above 1.0950 would trigger bullish momentum. Such a breakout could send EUR/USD to 1.11 or even 1.1180 in the medium term.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-313-usd-co-the-giam-xuong-moc-103-309402.html