At Vietcombank, the exchange rate was 25,730 VND/USD for buying and 26,120 VND/USD for selling, unchanged from the previous session. Meanwhile, HSBC was the bank that bought the highest cash USD at 25,769 VND, while Techcombank led in the transfer buying rate at 25,785 VND/USD.
On the selling side, VIB continues to have the lowest price of 25,760 VND for both cash and transfer. The highest selling price currently belongs to some banks such as Eximbank, LPBank , OceanBank, Techcombank and TPB at 26,140 VND/USD. NCB alone lists the transfer selling price up to 26,142 VND/USD.
In the free market, the "black market" exchange rate tends to decrease slightly compared to yesterday, currently trading around 26,250 VND/USD for buying and 26,350 VND/USD for selling, down 9 and 11 VND respectively.
In summary, the exchange rate at the State Bank decreased slightly last week, while most commercial banks adjusted it up sharply. The free USD exchange rate also increased by 300 VND during the week, showing that speculative sentiment is still present in the unofficial market.
In the world market, the USD exchange rate on April 21, 2025 continued to maintain a weak trend. The Dollar Index (DXY), which measures the strength of the USD against six major currencies, stood at 99.23 points, unchanged from April 20. However, compared to last week, the index decreased slightly by 0.55 points, continuing to fluctuate at its lowest level in more than three years.
Federal Reserve Chairman Jerome Powell said the Fed is still monitoring economic data before deciding to adjust interest rates. However, he warned that President Donald Trump's tariff policies could push inflation and the labor market away from the Fed's targets. Meanwhile, Mr. Trump has called on the Fed to quickly lower interest rates, putting more pressure on the dollar.
The latest US labor data showed that the number of applications for unemployment benefits decreased, reflecting a stable job market in April. However, rising inflationary pressures are making investors expect the Fed to cut interest rates soon.
The market is currently pricing in around 86 basis points of Fed rate cuts by the end of 2025, according to forecasts from the CME FedWatch tool. The first cut is expected to come in July this year, further weakening the greenback's appeal.
Source: https://baonghean.vn/ty-gia-usd-hom-nay-21-4-2025-giam-nhe-tai-thi-truong-tu-do-10295584.html
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