The domestic USD exchange rate on the morning of April 14, 2025 was recorded as quite stable. The central exchange rate announced by the State Bank remained unchanged at 24,923 VND/USD, unchanged from the previous session.
At commercial banks, the USD buying and selling prices have not fluctuated much. Vietcombank still maintains the buying rate at 25,530 VND and the selling rate at 25,920 VND/USD. Some other banks such as VIB are buying at the lowest price of 25,340 VND/USD and selling at the lowest price of 25,760 VND/USD.
On the other hand, OCB Bank is listing the highest price for both buying and selling, with the selling price reaching 26,182 VND/USD. VietinBank also maintains the highest transfer buying rate, at 25,990 VND/USD.
On the free market, the "black market" USD exchange rate this morning remained unchanged compared to yesterday, trading around 26,020 VND/USD for buying and 26,120 VND/USD for selling.
Overall, last week, the central exchange rate recorded three increasing sessions and one decreasing session, showing a slight but stable fluctuation trend, in the context that the market is closely monitoring developments in monetary policy and global trade tensions.
In the international market on April 14, 2025, the Dollar Index (DXY) - a measure of the strength of the USD against six major currencies - was at 99.78, unchanged from the previous session.
The US dollar has been volatile over the past week. It rose 0.45% to 103.47 at the start of the week as concerns about a global recession grew following US President Donald Trump’s announcement of sweeping tariffs on trading partners.
However, on April 9, the USD reversed and decreased by 0.35% to 102.91 points due to investors' concerns about the possibility of a trade war with China and the consequences of new tariff policies.
The DXY index was almost unchanged on April 10, but then fell sharply by 1.99% to 100.91 as the market digested more information from the Washington administration on tax policy.
At the end of the trading week, the USD continued to lose 1.08%, bringing the DXY index down to 99.78 points - the lowest level in many months. The main reason comes from the loss of confidence of investors in the safe haven role of the greenback in the context of trade tensions showing no signs of cooling down.
Currently, expectations that the US Federal Reserve (Fed) will be forced to cut interest rates to support the economy in the face of increasing pressure from tariffs are increasing. This development is putting pressure on the USD to continue to weaken in the international market.
Source: https://baonghean.vn/ty-gia-usd-hom-nay-14-4-2025-khong-thay-doi-so-voi-phien-truoc-10295071.html
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