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USD exchange rate today 03/20/2025: USD increases in value

Báo Công thươngBáo Công thương20/03/2025

USD exchange rate today 03/20/2025, USD exchange rate, USD/VND exchange rate, DXY index, USD price today, USD exchange rate today, USD exchange rate forecast...


The dollar rose broadly, recovering from multi-month lows as traders eyed the outcome of a Federal Reserve meeting later in the day for clues on the path of U.S. interest rates.

USD exchange rate today 03/20/2025

At the time of survey at 4:00 a.m. on March 20, the central exchange rate at the State Bank was currently 24,790 VND/USD, down 3 VND compared to yesterday's trading session.

Specifically, at Vietcombank, the USD exchange rate is 25,330 - 25,710 VND/USD, an increase of 20 VND in both buying and selling prices, compared to yesterday's trading session.

VietinBank is buying USD cash at the lowest price: 1 USD = 25,220 VND

UOB Bank is buying USD transfers at the lowest price: 1 USD = 25,300 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 25,412 VND

VietinBank is buying USD transfers at the highest price: 1 USD = 25,800 VND

ABBank is selling USD cash at the lowest price: 1 USD = 25,640 VND

HSBC Bank is selling USD transfers at the lowest price: 1 USD = 25,642 VND

Saigonbank is selling USD cash at the highest price: 1 USD = 25,800 VND

ABBank is selling USD transfers at the highest price: 1 USD = 25,800 VND

Tỷ giá USD hôm nay 20/03/2025:
USD exchange rate at some banks today. Source Webgia.com
1. Agribank - Updated: 03/20/2025 04:00 - Time of website source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,350 25,370 25,710
EUR EUR 27,254 27,363 28,475
GBP GBP 32,500 32,631 33,593
HKD HKD 3,220 3,233 3,341
CHF CHF 28,558 28,673 29,579
JPY JPY 166.98 167.65 174.85
AUD AUD 15,854 15,918 16,440
SGD SGD 18,808 18,884 19,426
THB THB 739 742 774
CAD CAD 17,503 17,573 18,084
NZD NZD 14,541 15,044
KRW KRW 16.80 18.54
2. Sacombank - Updated: 08/20/2002 07:16 - Time of website source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25365 25365 25725
AUD AUD 15818 15918 16491
CAD CAD 17481 17581 18136
CHF CHF 28686 28716 29599
CNY CNY 0 3495.3 0
CZK CZK 0 1059 0
DKK DKK 0 3710 0
EUR EUR 27410 27510 28383
GBP GBP 32648 32698 33801
HKD HKD 0 3285 0
JPY JPY 167.58 168.08 174.63
KHR KHR 0 6,032 0
KRW KRW 0 17.1 0
LAK LAK 0 1,138 0
MYR MYR 0 5915 0
NOK NOK 0 2385 0
NZD NZD 0 14583 0
PHP PHP 0 416 0
SEK SEK 0 2515 0
SGD SGD 18780 18910 19637
THB THB 0 704.4 0
TWD TWD 0 765 0
XAU XAU 9750000 9750000 9950000
XBJ XBJ 8500000 8500000 9950000

In the "black market", the black market USD exchange rate as of 4:00 a.m. on March 20, 2025, increased by 26 VND for buying and increased by 26 VND for selling, compared to yesterday's trading session, trading around 25,836 - 25,906 VND/USD.

Tỷ giá USD hôm nay 20/03/2025:
Black market on March 20, 2025. Photo: Chogia.vn

USD exchange rate today March 20, 2025 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 103.72 - up 0.23 VND compared to March 19, 2025.

Tỷ giá USD hôm nay 20/03/2025:
DXY index developments in recent times. Source: Investing

The dollar was helped by increased short-term volatility after authorities arrested Turkish President Tayyip Erdogan’s main political rival, sending the Turkish lira down about 12% to a record low. Against the dollar, the euro fell 0.4% to $1.090 as some traders exited bearish bets on the greenback after three straight days of gains for the European common currency.

The dollar has lost about 6% of its value against the euro since mid-January as investors worry about the economic fallout from President Donald Trump’s trade and tariff policies. “It’s really just short covering,” said Shaun Osborne, chief foreign exchange strategist at Scotiabank in Toronto. “The dollar sell-off has stabilized since yesterday and we’ve seen a bit of a recovery overnight,” Osborne added.

Investors are focused on the outcome of the US Federal Reserve's meeting later in the day, with traders largely expecting the central bank to keep its policy rate unchanged. The Fed is expected to release new economic projections, showing whether policymakers still expect to cut rates later this year as they assess the impact of the first two months of the Trump administration.

Traders are now pricing in a near 60 basis point (0.6%) Fed rate cut by year-end. "The Fed's March meeting will likely be about policy uncertainty. The Fed is almost certain to hold steady, emphasizing patience over panic. Forecasts and risk allocations are likely to reflect stagflation: weaker growth and higher inflation," analysts at Bank of America Securities said.

While the dollar sell-off may have eased in recent sessions, the currency remains vulnerable to further weakness, analysts say. “For the dollar to reverse this trend, the Fed would probably need to be quite a bit more hawkish,” said Osborne at Scotiabank, who predicts the greenback could fall another few percentage points.

The dollar benefited from safe-haven demand on Wednesday as the Turkish lira plunged amid political turmoil in Türkiye. Istanbul Mayor Ekrem Imamoglu, President Erdogan's main political rival, was arrested on charges of corruption and supporting a terrorist organization, in what the main opposition party called a "coup against our future president." The dollar was last up 3.6% against the lira at 38.03, after hitting a record high of 42 in the previous session.

The dollar also rose 0.5% against the yen to 150 after the Bank of Japan (BOJ) kept interest rates unchanged on Wednesday morning. The widely anticipated decision by the BOJ suggests policymakers want to take more time to assess the impact of rising global economic risks from higher U.S. tariffs on Japan's fragile recovery.

“For now, the BOJ seems content to wait, after last raising rates two months ago. With inflation trends in line with the bank’s forecasts, economists’ consensus is that the next move may not come before June or July,” Fawad Razaqzada, market analyst at City Index, wrote in a note.

Meanwhile, bitcoin, the world's largest cryptocurrency by market capitalization, rose 2.6% to $84,200.

Tỷ giá USD hôm nay ngày 20/03/2025
USD exchange rate today March 20, 2025. Illustration photo

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Hai Ba Trung District, Hanoi

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Ho Chi Minh City:

1. Minh Thu Currency Exchange - 22 Nguyen Thai Binh, District 1, HCMC

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, HCMC

3. Kim Chau Gold Shop - 784 Dien Bien Phu, Ward 10, District 10. Ho Chi Minh City

4. Saigon Jewelry Center - 40-42 Phan Boi Chau, District 1, HCMC

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, HCMC

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, HCMC

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, HCMC

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, HCMC

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank



Source: https://congthuong.vn/ty-gia-usd-hom-nay-20032025-dong-usd-tang-gia-379071.html

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