Foreign exchange price on May 19, 2025: USD remains unchanged

Illustration photo. Photo: Internet

USD exchange rate developments in the international market

The Dollar Index (DXY), which measures the strength of the USD against a basket of major currencies (EUR, JPY, GBP, CAD, SEK, CHF), currently stands at 100.98 - unchanged from May 18, 2025.

Notably, the USD Index (DXY), a measure of the greenback's performance against six major currencies, rose 0.64% last week to 100.98.

The dollar jumped 1.44% to 101.78 on Monday after the US and China reached a temporary deal to reduce tariffs on each other's goods, helping to ease concerns about a global recession due to trade tensions between the world's two largest economies .

Positive signals came from a series of newly signed trade agreements, especially those between the US and China and the US and the UK. The US decision to suspend heavy tariffs on Chinese goods for 90 days, along with a moderate response from Beijing, has eased market concerns.

On the other hand, the trade deal with the UK, although symbolic, still contributes to strengthening the US's trade position in the international arena. At the same time, US government bond yields increased across all maturities, creating significant support, thereby increasing the attractiveness of the USD in the context of high interest rates.

According to experts, the outlook for the USD exchange rate this week remains unclear due to complex changes in macroeconomic factors and policy orientations.

Inflation in the US remained above the Fed’s 2% target in April, raising concerns that the central bank could keep interest rates high for longer than expected. Investors have now begun to shift expectations for a rate cut to the third quarter, with September seen as the most likely time.

However, the market is still waiting for new signals from the US Federal Reserve. This week, a series of speeches by Fed officials will be the focus of attention, as investors expect more specific information on the policy direction in the coming time.

In addition, preliminary data related to US manufacturing and service activities will also be factors affecting market expectations about economic health as well as USD fluctuations.

Domestic USD exchange rate

Domestically, at the beginning of the trading session on May 19, the State Bank announced that the central exchange rate of the Vietnamese Dong against the USD remained at 24,960 VND.

At the State Bank of Vietnam, the reference buying and selling exchange rates have been slightly adjusted down, currently standing at: 23,762 VND - 26,158 VND.

Specifically, the USD exchange rate at Vietcombank is still maintained at 25,720 - 26,110 VND/USD for both buying and selling compared to the previous session.

VIB Bank lists the lowest USD cash purchase price, specifically: 1 USD = 25,340 VND.

The lowest USD transfer buying rate at VIB bank is: 1 USD = 25,400 VND.

HSBC Bank announced the highest current USD cash purchase price is: 1 USD = 25,821 VND.

The USD transfer buying rate at HSBC is also at its highest level: 1 USD = 25,821 VND.

Meanwhile, VIB bank is applying the lowest USD cash selling price: 1 USD = 25,760 VND.

The USD transfer selling rate at VIB bank is also recorded as the lowest, at: 1 USD = 25,760 VND.

The highest USD cash selling price belongs to Saigonbank at: 1 USD = 26,200 VND.

The highest USD transfer selling rate belongs to NCB bank at: 1 USD = 26,160 VND.

The EUR exchange rate at the State Bank of Vietnam increased slightly, the current buying and selling rates are: 26,570 VND - 29,367 VND.

The Japanese yen exchange rate also tends to increase at the State Bank Exchange, currently at: 163 VND - 181 VND.

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Source: https://doanhnghiepvn.vn/kinh-te/gia-ngoai-te-ngay-19-5-2025-usd-di-ngang/20250519081700903