The central exchange rate between the Vietnamese Dong and the USD today (August 20) was adjusted by the State Bank to increase by 8 VND compared to the previous session, to 25,263 VND/USD - the highest level of the central exchange rate ever.

Applying a 5% margin, commercial banks are allowed to trade today at a ceiling rate of VND26,526/USD and a floor rate of VND24,000/USD.

The reference USD exchange rate at the State Bank of Vietnam today was also adjusted up by 7 VND for buying and 9 VND for selling, to 24,050-26,476 VND/USD (buying - selling).

The USD/VND exchange rate at commercial banks this morning was adjusted up, setting a new record.

USD buying and selling prices at commercial banks were adjusted to increase with a common amplitude of 20-30 VND/USD compared to the previous session.

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USD bank price reaches new high. Photo: Nam Khanh

Notably, on the selling side, the USD price at some banks has exceeded 26,500 VND/USD, the highest level ever.

Specifically, compared to yesterday morning, the USD price at Vietcombank this afternoon increased by 20 VND in both buying and selling directions, raising the USD cash buying price to 26,110 VND/USD, the selling price is 26,500 VND/USD.

USD price at VietinBank increased to 26,149-26,509 VND/USD (buy - sell), up 22 VND in both buying and selling.

Not only at state-owned banks but also at private commercial banks, the USD price was also adjusted to a new high.

Techcombank increased the USD price by 30 VND for buying and 28 VND for selling compared to yesterday morning, bringing the USD cash buying price to 26,133 VND/USD and the selling price to 26,526 VND/USD.

Sacombank also increased the USD price to 26,150-26,510 VND/USD (buy - sell), 25 VND more expensive in both directions compared to yesterday morning.

Meanwhile, the USD price on the free market today fluctuated little. The USD price was bought and sold at transaction points in the range of 26,510-26,580 VND/USD, unchanged from the previous session.

In the world market, the USD price tends to go up.

The US Dollar Index (a measure of the greenback's strength against other major currencies) was at 98.32 points at 12:52 on August 20 (Vietnam time), up 0.05% from the previous session.

Investors are looking ahead to the US Federal Reserve's Jackson Hole Economic Policy Symposium later this week for further clues on US interest rate policy. Whether the Fed raises or lowers interest rates will impact foreign exchange rates.

USD exchange rate hits record high, selling price reaches 26,470 VND/USD USD exchange rate on August 18, 2025 at commercial banks set a new record, reaching 26,470 VND/USD in selling price.

Source: https://vietnamnet.vn/gia-usd-ngan-hang-chinh-thuc-xac-lap-moc-26-500-dong-2434047.html