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Domestic exchange rate increases while world USD price decreases

On April 14, while the central exchange rate announced by the State Bank decreased, the listed exchange rate at commercial banks increased. In the world market, the USD is under strong pressure to depreciate.

Hà Nội MớiHà Nội Mới14/04/2025

Specifically, the State Bank listed the central exchange rate at 24,886 VND/USD, down 37 VND compared to the closing session last weekend. Thus, with a margin of +/-5%, the ceiling exchange rate is 26,130 VND/USD and the floor exchange rate is 23,641 VND/USD. The reference exchange rate at the State Bank Exchange is listed at 23,727 VND/USD (buy) - 26,119 VND/USD (sell).

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VND/USD exchange rate exceeds 26,000 VND. Photo: ST

At commercial banks, the listed exchange rates at both the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) were at 25,560 VND/USD (buy) - 25,920 VND/USD (sell), an increase of 40 VND in both buying and selling compared to April 11.

Around noon, the exchange rate reached 26,000 VND/USD, listed at 25,610 VND/USD (buy) - 26,000 VND/USD (sell). Several other joint stock commercial banks such as Asia Commercial Bank (ACB), Vietnam Technological and Commercial Bank (Techcombank), Vietnam Export Import Bank (Eximbank)... also raised the USD selling price above 26,000 VND/USD.

On the "black market", the USD is commonly traded at 26,000 - 26,100 VND/USD.

In the international market, the USD Index (DXY), a measure of the greenback's strength against other major currencies, fell to 99.6 (recorded at 9:00 a.m. Vietnam time), down another 0.5% from the end of last week. Since the beginning of April, the DXY index has fallen nearly 4.4% and since the beginning of 2025, the index has fallen nearly 8.2%.

The dollar has been under pressure from a global sell-off that has spread to stocks and U.S. Treasury bonds, which are considered safe havens. The yield on the 10-year Treasury note is on track for its biggest weekly gain since 2001.

Source: https://hanoimoi.vn/ty-gia-trong-nuoc-tang-trong-khi-gia-usd-the-gioi-giam-698890.html


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