Domestic USD exchange rate today

Today (November 12), the State Bank announced the central exchange rate between the Vietnamese Dong and the USD at 24,267 VND/USD, an increase of 4 VND compared to yesterday.

With a margin of 5%, commercial banks are allowed to trade today at a ceiling rate of VND25,480/USD and a floor rate of VND23,054/USD.

The reference USD exchange rate at the State Bank of Vietnam is still maintained at 23,400-25,450 VND/USD (buy - sell).

At commercial banks, USD prices were adjusted up by banks after falling sharply in the previous two sessions.

USD bank 1 .jpg
Bank USD price goes up. Photo: Nam Khanh

On the selling side, the USD price at commercial banks was listed at the ceiling price of 25,480 VND/USD.

On the buying side, banks simultaneously adjusted the greenback price up, with one bank increasing it by 90 VND compared to the listed price early this morning.

Specifically, at the opening of today's trading session, Vietcombank increased the USD cash buying price to 25,090 VND/USD, an increase of 5 VND compared to the beginning of yesterday's trading session (November 11).

Similarly, BIDV also increased the greenback price by 20 VND in the buying direction, bringing the price to 25,135 VND/USD.

Meanwhile, VietinBank raised the USD buying price to 25,163 VND/USD, an increase of 88 VND.

In the private banking sector, Techcombank raised the USD buying price by 90 VND, to 25,147 VND/USD.

Sacombank also increased the USD buying price to 25,160 VND/USD, 80 VND more expensive.

Eximbank raised the USD cash buying price to 25,140 VND/USD, an increase of 60 VND compared to the listed price early this morning.

USD exchange rate Buy Sell
Vietcombank 25,090 VND 25,480 VND
BIDV 25,135 VND 25,480 VND
VietinBank 25,163 VND 25,480 VND
Techcombank 25,147 VND 25,480 VND
Sacombank 25,160 VND 25,480 VND
Eximbank 25,140 VND 25,480 VND

USD exchange rate at some commercial banks surveyed early morning of November 12

Similarly, the USD price in the free market was also adjusted up slightly. This morning, the free USD price was bought and sold from 25,610-25,720 VND/USD, an increase of 40 VND in the buying price and 50 VND in the selling price compared to the previous session.

World USD price today

In the world market, the USD price continues to rise. The US Dollar Index (a measure of the strength of the greenback compared to other major currencies) at 10:05 a.m. on November 12 (Vietnam time) was at 105.6 points, up 0.05% compared to the previous session.

The USD price continues its positive trend since Donald Trump's victory in the US presidential election.

The greenback surged to a four-month high last week after Donald Trump was declared the winner of the race for the White House.

However, the USD's rally last weekend slowed down as the US Federal Reserve (Fed) cut interest rates by another 25 basis points.

Bank USD prices continue to weaken Bank USD prices continue to weaken since the last session of last week. Today, some banks reduced the USD price by 70-80 VND for buying.