USD at two-month low, Japanese Yen up

Báo Quốc TếBáo Quốc Tế18/02/2025

Foreign exchange rates, USD/VND exchange rate today, February 18, recorded an increase in Yen in the last trading session, thanks to optimistic growth data from Japan.


Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: February 18, 2025 08:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,280 25,290 25,630
EUR EUR 26,165 26,270 27,366
GBP GBP 31,446 31,572 32,560
HKD HKD 3,206 3,219 3,326
CHF CHF 27,729 27,840 28,727
JPY JPY 163.70 164.36 171.56
AUD AUD 15,876 15,940 16,462
SGD SGD 18,658 18,733 19,271
THB THB 735 738 770
CAD CAD 17,624 17,695 18,213
NZD NZD 14,348 14,849
KRW KRW 16.87 18.62

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:00 a.m. on February 18, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 15 VND, currently at 24,577 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,399 VND - 25,755 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 25,250 - 25,640 VND.

Vietinbank: 25,140 - 25,720 VND.

Reference exchange rate for the US dollar at 24,260 VND/USD on July 1, down 4 VND/USD. (Source: Daily FX)
Foreign exchange rates, USD/VND exchange rate today, February 18: USD drops to two-month low, Japanese Yen rises. (Source: Daily FX)

Exchange rate developments in the world market

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.02% to 106.72.

The dollar hovered near a two-month low after investors reduced bets on US tariffs, while the yen rose in the last trading session, helped by upbeat Japanese growth data.

The dollar closed down 0.58 percent against the yen at 151.44 after data showed Japan's economy grew more than expected in the fourth quarter thanks to improved business spending and a surprise rise in consumer spending.

That strengthens the case for the Bank of Japan (BoJ) to raise interest rates further this year. Markets are currently pricing in another increase of around 37 basis points in December.

“The bottom line is that household consumption is growing significantly faster, which could prompt the BoJ to take measures to fight inflation,” said Krishna Bhimavarapu, APAC economist at State Street Global Advisors.

The data also eased concerns about sluggish consumption and is a positive signal for the BoJ to introduce another rate hike, which could come sooner than expected."

In the market, the US dollar is struggling to recover from a sell-off caused by weak US retail data late last week, as investors welcomed US President Donald Trump's delay in implementing tariffs on all countries that impose import duties on US goods.

The DXY index was steady in the last trading session, after falling 1.2% last week. The index fell to 106.56 late last week, its lowest level since mid-December.

Geopolitics remains in focus with reports that talks aimed at ending the Russia-Ukraine conflict will begin in Saudi Arabia this week.

The euro fell 0.1% to $1.0482, after trading at a two-week high late last week, around $1.051.

Meanwhile, the British pound was up 0.1% at $1.2596, after hitting a two-month high of $1.263 late last week.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-182-usd-xuong-muc-thap-nhat-trong-hai-thang-yen-nhat-di-len-304632.html

Comment (0)

No data
No data

No videos available