The central exchange rate announced by the State Bank on February 26 was 24,004 VND, an increase of 8 VND compared to the listed rate at the end of last week's trading session (February 23).
Today's central rate continued to increase from the previous session. On February 23, the central rate increased by 15 VND.
Thus, after 2 sessions, the central exchange rate has increased by 23 VND. Today's central exchange rate increased by more than 24,000 VND, after nearly 1 month below this threshold.
Applying a 5% margin, commercial banks today are allowed to trade at a ceiling rate of VND25,204/USD and a floor rate of VND22,804/USD.
The State Bank of Vietnam's reference buying rate is still kept at 23,400 VND/USD. The reference selling rate increased by 9 VND compared to the previous session, to 25,154 VND/USD.
In the same trend, the USD/VND exchange rate at commercial banks today increased quite strongly, with some banks raising the USD price to 24,960 VND for sale, the highest level since the beginning of the year.
Specifically, at 10:32 a.m. on February 26, Sacombank listed the USD price at 24,490-24,960 VND/USD (buy - sell), an increase of 67 VND/USD in the buying direction and an increase of 72 VND in the selling direction compared to the morning of February 23.
Vietcombank listed the USD price at 24,480-24,850 VND/USD (buy - sell), an increase of 75 VND/USD in both buying and selling compared to the morning of February 23.
At the same time, Vietinbank traded USD at 24,455 VND/USD (buy) and 24,875 VND/USD (sell), an increase of 72 VND/USD in both directions compared to the morning of February 23.
Techcombank buys USD at 24,525 VND/USD and sells at 24,866 VND/USD. Compared to the morning of February 23, the USD price at Techcombank this afternoon increased by 77 VND/USD for buying and 75 VND/USD for selling.
In the past 10 days, each USD at banks has increased by nearly 300 VND, reaching the highest level since the beginning of the year. Compared to the beginning of the year, each USD at banks is about 440 VND higher.
Meanwhile, in the free market, the USD price today is commonly traded around 25,200-25,300 VND/USD (buy - sell), down 20 VND in the buying direction and up 10 VND in the selling direction compared to the previous session.
Despite the slowing down trend, the USD price in the free market is still much higher than that in commercial banks. The USD buying price in the free market is more than 700 VND/USD higher than that in banks, while the USD selling price in the free market is about 400 VND higher than that in banks.
In the international market, the USD price has been quite stable in recent days as many investors stopped buying due to expectations that the US Federal Reserve (Fed) will start cutting interest rates later than previously expected.
The US Dollar Index (DXY) - which measures the US dollar's performance against a basket of six major currencies - has been hovering around 104 points since late last week.
At 12:13 today (February 26, Vietnam time), the DXY index was at 103.97 points, up 0.03% compared to the previous session.
TH (according to Vietnamnet)Source
![[Photo] National Assembly Chairman attends the seminar "Building and operating an international financial center and recommendations for Vietnam"](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/7/28/76393436936e457db31ec84433289f72)
Comment (0)