Free USD price approaches 28,000 VND, experts give latest forecast

On the afternoon of November 11, the central exchange rate was listed by the State Bank at 25,118 VND/USD, an increase of 12 VND compared to yesterday and an increase of about 25 VND since the beginning of the month.

At commercial banks, the USD price has also increased for many consecutive days. Vietcombank is listing the USD buying price at 26,113 VND and selling price at 26,373 VND, an increase of 12 VND/USD compared to yesterday.

Eximbank buys at 26,120 VND/USD, sells at 26,373 VND/USD.

BIDV andACB sell at the same price as other banks, while the buying price is different - around 26,130 VND/USD.

Since the beginning of November, the USD price at banks has increased by about 26 VND.

In the free market, the USD price also remained high, approaching the 28,000 VND mark. On the afternoon of November 11, some foreign exchange points quoted the USD buying price at 27,820 VND and selling price at 27,950 VND, an increase of about 90 VND compared to yesterday.

The exchange rate in Vietnam remained high as the USD traded close to the 100-point mark – the highest level in many months. Currently, the USD index (DXY) is trading at 99.6 points, up 0.08% compared to the previous session.

Giá USD tại Việt Nam tăng liên tiếp, chuyên gia nêu dự báo mới nhất - Ảnh 1. — The exchange rate will stabilize soon.

Mr. Nguyen The Minh, Director of Retail Client Analysis - Yuanta Securities Vietnam, said that the exchange rate in Vietnam increased slightly compared to last week in both the official channel and the free market. The exchange rate in the free market, although slowing down, is still trading at a high level. However, the short-term weakening of the DXY index and the high increase in interbank interest rates in VND helped the VND - USD interest rate gap become positive again, and the exchange rate is expected to remain stable in the coming days.

According to experts from the Global Market and Economic Research Division - UOB Bank (Singapore), the foreign exchange market is one of the important factors in considering the State Bank's policies. VND has decreased by about 3.5% compared to USD since the beginning of the year. In contrast, currencies in the region benefit from the weakening trend of USD.

In the coming period, when the US Federal Reserve (FED) conducts further interest rate cuts, pressure on the USD/VND exchange rate may decrease.

In its latest forecast, UOB said the USD/VND exchange rate will be around VND26,400 in the fourth quarter of 2025; decreasing to VND26,300 in the first quarter of 2026.

Standard Chartered Bank forecasts the USD/VND exchange rate at 26,300 VND in 2025 and 26,750 VND in 2026.

According to experts, from now until the end of the year, strong FDI inflows, stable export growth, and large remittances will contribute to increasing foreign currency supply and stabilizing exchange rates.