USD exchange rate today 4/11/2025: Lowest in 10 years

On the morning of April 11, 2025, the USD exchange rate at domestic commercial banks continued to decrease sharply, moving away from the previously established peak. This development shows a clear weakening trend of the greenback in the market.

At 4:00 a.m., the State Bank announced the central exchange rate at 24,964 VND/USD, a slight increase of 28 VND compared to the previous session. However, in reality, the transaction price at banks recorded a sharp decrease.

Specifically, Vietcombank listed the buying price at 25,580 VND and the selling price at 25,970 VND/USD, down 212 VND compared to yesterday.

VIB Bank has the lowest cash buying price of 25,340 VND/USD and the transfer buying price is 25,400 VND. On the selling side, VIB also has the lowest selling price of 25,760 VND for both cash and transfer.

On the contrary, OCB is the bank with the highest cash purchase price, reaching 25,860 VND/USD. For transfer transactions, VietinBank recorded the highest purchase price of 26,025 VND/USD.

On the selling side, Saigonbank is listing the highest price at 26,200 VND/USD. In addition, OCB and TPB both have the highest transfer selling price at 26,182 VND.

In the free market, the USD exchange rate also dropped sharply. By this morning, the transaction price on the "black market" had decreased by 72 VND in both buying and selling directions, fluctuating around 26,064 - 26,154 VND/USD.

In the international market, the greenback continued to weaken significantly. The DXY index, which measures the strength of the USD against six major currencies, fell to 101.03 points. The USD fell sharply after US President Donald Trump announced a 90-day suspension of tariffs on most trading partners, except China.

For China, the tariff has increased to 125%, and now totals up to 145%, adding pressure to the trade relationship between the world's two largest economies.

The move has sent the dollar plummeting against many other currencies. The Swiss franc has risen more than 3.6%, bringing it to a 10-year low. Against the yen, the dollar has fallen 3.46% this month, and the decline shows no signs of abating.

Additionally, data from the US Labor Department showed consumer prices fell in March, making it harder to maintain steady inflation amid new tariffs taking effect.

The bond market also contributed to the dollar’s ​​weakness. The yield on the 10-year US Treasury note fell to 4.376%, reducing the greenback’s appeal to investors.

In Europe, European Commission President Ursula von der Leyen confirmed that the EU would suspend its countermeasures against the US following President Trump's tariff suspension. The euro rose nearly 2.5% to $1.1221, its highest since July 2023.

The British pound also rose sharply, reaching $1.2972, while the Australian dollar and Swedish crown both rose more than 1% against the dollar. It was a volatile session and showed the greenback was facing strong pressure from many sides.

AD Advertising

Source: https://baonghean.vn/ty-gia-usd-hom-nay-11-4-2025-thap-nhat-trong-10-nam-10294876.html