Foreign exchange rates, USD/VND exchange rate today August 14: USD is sold off, President Trump continues to put pressure on the Fed

Foreign exchange rates, USD/VND exchange rate today, 14/1 recorded USD decreasing for the second consecutive session, after inflation data in the US increased expectations that the US Federal Reserve (Fed) will lower interest rates next month.

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 15, 2025 11:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,080	26,090	26,430
EUR	EUR	29,992	30,112	31,239
GBP	GBP	34,907	35,047	36,040
HKD	HKD	3,285	3,298	3,404
CHF	CHF	31,931	32,059	32,963
JPY	JPY	174.05	174.75	182.15
AUD	AUD	16,725	16,792	17,333
SGD	SGD	20,091	20,172	20,720
THB	THB	787	790	826
CAD	CAD	18,677	18,752	19,273
NZD	NZD		15,295	15,801
KRW	KRW		18.10	19.85

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 6:40 a.m. on August 14, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,243 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,031 VND - 26,455 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 26,060 VND - 26,450 VND.

Vietinbank: 26,085 VND - 26,445 VND.

Foreign exchange rates, USD/VND exchange rate today, August 14: USD is sold off, President Trump continues to put pressure on the Fed. (Source: Calforex)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down 0.32%, currently at 97.79.

The US dollar fell for a second straight session after US inflation data raised expectations that the Federal Reserve will cut interest rates next month.

In addition, US President Donald Trump's continued pressure to lower interest rates has contributed to the sell-off of this currency.

The US consumer price index (CPI) rose slightly in July, as expected, as the impact of Mr Trump's sweeping tariffs on prices has so far been limited, data released on Tuesday showed.

On August 13, US Treasury Secretary Scott Bessent called for a “series of interest rate cuts” and said the Fed could kick off the policy easing process with a 50 basis point cut.

“I think there is significant political pressure from Washington for the Fed to act on interest rates soon,” said Shaun Osborne, chief foreign exchange strategist at Scotiabank.

The dollar’s recent weakness threatens to erase a brief recovery since early July, after the greenback lost about 10% in the first half of this year.

“We haven’t seen enough strength yet for the dollar to signal a reversal from the fairly clear downtrend it’s in,” said Shaun Osborne.

The weaker dollar supported the euro and sterling. The common European currency rose 0.2% to $1.1698, at one point hitting its highest since July 28. The pound rose 0.5% to $1.3567, also hitting its highest since July 24.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-148-usd-bi-ban-thao-tong-thong-trump-tiep-tuc-gay-suc-ep-len-fed-324281.html