Japanese Yen Gains Against Most Major Currencies

Báo Quốc TếBáo Quốc Tế20/02/2025

Foreign exchange rates, USD/VND exchange rate today, February 20, recorded that USD and Yen along with safe haven currencies increased in price.


Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: February 20, 2025 11:00 - Time of website source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,320 25,340 25,680
EUR EUR 26,076 26,181 27,277
GBP GBP 31,504 31,631 32,620
HKD HKD 3,214 3,227 3,334
CHF CHF 27,692 27,803 28,686
JPY JPY 165.19 165.85 173.15
AUD AUD 15,886 15,950 16,472
SGD SGD 18,681 18,756 19,293
THB THB 737 740 773
CAD CAD 17,604 17,675 18,191
NZD NZD 14,322 14,822
KRW KRW 16.94 18.71

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:00 a.m. on February 20, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 25 VND, currently at 24,602 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,452 VND - 25,814 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 25,310 - 25,700 VND.

Vietinbank: 25,175 - 25,755 VND.

Tỷ giá ngoại tệ, tỷ giá USD/VND hôm nay 20/2:
Foreign exchange rates, USD/VND exchange rate today, February 20: Japanese Yen increased compared to most major currencies. (Source: CNBC)

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 0.11% to 107.17.

The US dollar and the yen, along with other safe-haven currencies, rose in the last trading session, amid market concerns over the latest tariff policy from US President Donald Trump and negotiations surrounding Russia-Ukraine tensions.

The US currency fell slightly against the yen after minutes of the US Federal Reserve's latest policy meeting showed that President Donald Trump's initial policy proposals raised concerns about higher inflation.

The minutes also confirmed the continued pause in interest rate cuts.

The greenback generally rose against other currencies such as the euro and the pound.

Meanwhile, the Japanese Yen gained against most major currencies such as the USD, EUR, Swiss Franc and British Pound.

That rally was fueled by comments from US President Donald Trump on February 18 that he intended to impose auto tariffs of about 25% and similar duties on semiconductors and pharmaceutical imports.

He also stressed that the auto tariffs would take effect as early as April 2.

Meanwhile, the euro fell 0.2% against the dollar to $1.0424. The pound had been slightly higher in early trading after data showed stronger-than-expected UK inflation, which hit a 10-month high of 3% in January and is likely to rise further.

The euro has been the currency most affected by the Russia-Ukraine drama. The common European currency rose last week on a potential resolution to the conflict, then retreated on signs of tension.

“If Russia and Ukraine reach a peace deal, the dollar could come under renewed pressure,” said Fawad Razaqzada, market analyst at City Index and FOREX.com.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-202-yen-nhat-tang-so-voi-hau-het-cac-loai-tien-te-chinh-304903.html

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