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Euro exchange rate today 5/13/2025: World drops sharply

Quoc DuongMay 13, 2025 5:30

Euro exchange rate today 5/13/2025: Euro falls sharply after US-China trade deal and ECB may consider cutting interest rates in upcoming meeting

World EUR/USD exchange rate today May 13, 2025

EUR/USD is falling sharply again after the previous session's rally, currently trading around 1.1121

The euro came under pressure after European Central Bank (ECB) official Olli Rehn said the ECB could consider cutting interest rates at its upcoming meeting if further forecasts confirm deflationary trends and economic slowdown.

However, the pair still received some support from positive developments in trade negotiations between the US and China in Geneva, with both sides saying they had made “significant progress” after two days of work.

Chinese Vice Premier He Lifeng called it an “important first step” in stabilizing relations between the two countries. US Treasury Secretary Scott Bessent also agreed, emphasizing the positive signals from this round of dialogue.

Markets are closely watching for a US reaction to the European Commission’s latest move. On Thursday, the EU launched a public consultation on imposing tariffs on up to €95 billion worth of US imports, in case trade talks with the US collapse.

Meanwhile, the US economy still faces many uncertainties. Some Federal Reserve officials have warned of the risk of “stagflation”. Governor Michael Barr noted that imposing more tariffs could disrupt supply chains, causing higher inflation, while slowing growth and increasing unemployment. In that context, investors remain cautious because the risk of escalating trade tensions could continue to put pressure on the US economy.

Tỷ giá Euro hôm nay 13/5/2025: Thế giới giảm mạnh

Domestic Euro exchange rate today May 13, 2025

The Euro exchange rate at the State Bank's buying and selling exchange center is stable, currently at: 26,640 VND - 29,444 VND.

In the "black market", the black market Euro exchange rate as of 4:30 a.m. on May 13, 2025 was trading around 29,260 VND/EUR

EUR exchange rates at commercial banks for buying and selling are as follows:

EUR exchange rate
Buy
Sell ​​out
Vietcombank
28,100 VND
29,640 VND
Vietinbank
28,510 VND
30,220 VND
BIDV
28,467 VND
29,705 VND

VIB Bank is buying Euro cash at the lowest price of 27,196 VND/EUR

VietBank is buying Euro transfers at the lowest price of 25,833 VND/EUR

SHB Bank is buying Euro cash at the highest price of 29,466 VND/EUR

SHB Bank is buying Euro transfers at the highest price of 29,466 VND/EUR

VIB Bank is selling Euro cash at the lowest price of 28,279 VND/EUR

VIB Bank is selling Euro transfers at the lowest price of 28,179 VND/EUR

OCB Bank is selling Euro cash at the highest price of 30,628 VND/EUR

OCB Bank is selling Euro transfers at the highest price of 30,528 VND/EUR

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Euro exchange rate today 5/13/2025: World drops sharply
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