Foreign exchange rates, USD/VND exchange rate today April 4: USD drops shockingly due to news of 'harsh' US tariffs

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: April 4, 2025 07:30 - Time of website source supply
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,610	25,630	25,970
EUR	EUR	27,603	27,714	28,834
GBP	GBP	33,062	33,195	34,165
HKD	HKD	3,249	3,262	3,369
CHF	CHF	28,851	28,967	29,878
JPY	JPY	170.59	171.28	178.68
AUD	AUD	15,860	15,924	16,447
SGD	SGD	18,847	18,923	19,461
THB	THB	731	734	766
CAD	CAD	17,779	17,850	18,368
NZD	NZD		14,541	15,046
KRW	KRW		16.82	18.54

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 4, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 3 VND, currently at 23,854 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,662 VND - 26,046 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,590 - 25,980 VND.

Vietinbank: 25,445 - 26,025 VND.

Foreign exchange rates, USD/VND exchange rate today, April 4: USD drops shockingly due to news of 'harsh' US tariffs. (Source: CNBC)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) fell 1.87% to 101.94.

The US dollar fell sharply against major currencies and hit a six-month low against the euro and the Japanese yen.

Investors are grappling with the impact of US President Donald Trump's tariff policies on global trade and economic growth.

Mr Trump's announcement of "harsher" tariffs than expected sent shockwaves through markets, sending global stocks into the red.

This forced investors to move into less risky assets such as currencies, bonds and gold, as fears of a sharp global economic slowdown fueled inflation.

Investors are also waiting for the non-farm payroll report released on April 4 for further signals on the labor market situation and the US Federal Reserve's interest rate policy path.

In a contrasting development, the EUR hit a six-month high, up 1.74% to $1.1037.

The USD fell 1.95% against the Japanese Yen to 146.445 Yen and 2.35% against the Swiss Franc to 0.8608 Franc.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-44-usd-giam-soc-vi-tin-thue-quan-khac-nghiep-cua-my-309917.html