Foreign exchange rates, USD/VND exchange rate today, March 11, recorded the USD weakening against the Japanese Yen in the last trading session, when investors were concerned about the possibility of a US economic recession.
Foreign exchange rate update table - USD exchange rate Agribank today
| 1. Agribank - Updated: 11/03/2025 10:00 - Time of website source supply | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| USD | USD | 25,320 | 25,340 | 25,680 |
| EUR | EUR | 27,129 | 27,238 | 28,348 |
| GBP | GBP | 32,249 | 32,379 | 33,338 |
| HKD | HKD | 3,218 | 3,231 | 3,338 |
| CHF | CHF | 28,499 | 28,613 | 29,517 |
| JPY | JPY | 169.84 | 170.52 | 177.88 |
| AUD | AUD | 15,664 | 15,727 | 16,246 |
| SGD | SGD | 18,799 | 18,874 | 19,416 |
| THB | THB | 732 | 735 | 767 |
| CAD | CAD | 17,347 | 17,417 | 17,922 |
| NZD | NZD | 14,252 | 14,752 | |
| KRW | KRW | 16.73 | 18.45 | |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 8:30 a.m. on March 11, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 24 VND, currently at 24,754 VND.
The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,567 VND - 25,941 VND.
USD exchange rates at commercial banks are as follows:
Vietcombank: 25,310 - 25,700 VND.
Vietinbank: 25,175 - 25,755 VND.
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| Foreign exchange rates, USD/VND exchange rate today, March 11: USD weakens, EUR has the best growth in 16 years. (Source: Shutterstock) |
Exchange rate developments in the world market
The US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.07% to 103.90.
The US dollar weakened against the Japanese yen in the last trading session, as investors worried about the possibility of a US economic recession.
However, the greenback gained against several major currencies such as the euro, Swiss franc and British pound, as investors booked profits from recent long positions in those currencies.
Overall, markets are focused on trade tensions after US President Donald Trump imposed tariffs on top trading partners, amid concerns about a slowdown in the US economy.
The story to watch is the continued slide in equity markets and falling US interest rates, said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York.
“Last week's US interest rate cut is seen as a burden on the US dollar,” he stressed.
The dollar fell 0.47% to 146.33 against the Japanese yen, having hit 146.625 during the session - its lowest since early October last year. Against the Swiss franc, the dollar rose 0.26% to 0.882, after falling to its lowest since early December 2024.
The euro fell 0.08 percent to $1.0823, but remained near a four-month high as markets anticipated a possible increase in European spending on military aid to Ukraine.
The common currency posted its best weekly gain in 16 years last week.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-113-usd-suy-yeu-eur-tang-truong-tot-nhat-trong-16-nam-307043.html
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