The central exchange rate between the Vietnamese Dong and the USD announced by the State Bank on February 13 was 24,572 VND/USD, an increase of 22 VND compared to yesterday. This is the highest price ever of the central exchange rate.

The central exchange rate has been continuously increasing recently. Since the first trading session after the Lunar New Year holiday (February 3), the central exchange rate has increased by a total of 247 VND.

With a margin of 5%, commercial banks are allowed to trade USD today with a ceiling rate of 25,801 VND/USD and a floor rate of 23,343 VND/USD.

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USD bank prices drop rapidly. Photo: Nam Khanh

The reference USD exchange rate at the State Bank of Vietnam on February 13 was also raised to the range of 23,394-25,750 VND/USD (buying - selling), an increase of 21 VND/USD in buying and 23 VND/USD more expensive in selling compared to yesterday.

Notably, at commercial banks, USD prices today all turned down after many days of strong increases.

Specifically, compared to early yesterday morning (February 12), at Vietcombank, the USD price early this morning decreased by 117 VND in both buying and selling directions, bringing the USD cash buying price down to 25,270 VND/USD, and the selling price down to 25,660 VND/USD.

USD prices at other banks also fell rapidly. At BIDV, the greenback price dropped 105 VND in both buying and selling prices, bringing the buying and selling prices to 25,310-25,670 VND/USD.

VietinBank also lowered the USD buying and selling prices to 25,287-25,647 VND/USD, down 143 VND on the buying side and 130 VND cheaper on the selling side.

At the group of private commercial banks, the USD price was also adjusted down.

Techcombank decreased 118 VND in buying price and 107 VND in selling price, listed USD cash buying price at 25,272 VND/USD, selling price at 25,670 VND/USD.

Sacombank also lowered the USD price to 25,290-25,660 VND/USD (buy - sell), 130 VND cheaper for buying and 110 VND lower for selling.

USD exchange rate Buy (VND/USD) Sell ​​(VND/USD)
Vietcombank 25,270 25,660
BIDV 25,310 25,670
VietinBank 25,287 25,647
Techcombank 25,272 25,670
Sacombank 25,290 25,660

USD exchange rates at some commercial banks listed early morning February 13.

Meanwhile, the USD price in the free market today is stable. Foreign exchange points this morning traded USD prices in the range of 25,660-25,750 VND/USD (buy - sell), unchanged from the previous session.

The buying price of USD at banks is currently about 400 VND lower, while the selling price is nearly 100 VND lower than the USD price in the free market.

Domestic USD price drops rapidly in the context of cooling world USD price.

The US Dollar Index (a measure of the greenback's strength against other major currencies) at 10:59 a.m. on February 13 (Vietnam time) was at 107.68 points, down 0.24% from the previous session.

The world USD price fell after US Federal Reserve Chairman Jerome Powell said that the agency was in no hurry to cut interest rates during the second hearing of the US Congress this week.

Meanwhile, traders also focused on US President Donald Trump's tariff policies. Some analysts worry that Mr. Trump's tariff policies could add further pressure on commodity prices.

The USD bank price continues to increase sharply, setting a new record . The USD exchange rate today, February 12, 2025, recorded that the greenback price at the banking channel continued to increase sharply, reaching an unprecedented high. The USD selling price at banks was close to 25,800 VND/USD. The central exchange rate also set a new record.