Foreign exchange rates, USD/VND exchange rate today August 15: USD goes up, experts warn sustainable recovery is difficult

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 18, 2025 09:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,085	26,095	26,435
EUR	EUR	30,127	30,248	31,377
GBP	GBP	34,966	35,106	36,100
HKD	HKD	3,289	3,302	3,408
CHF	CHF	31,981	32,109	33,015
JPY	JPY	174.12	174.82	182.22
AUD	AUD	16,777	16,844	17,386
SGD	SGD	20,120	20,201	20,750
THB	THB	787	790	825
CAD	CAD	18,690	18,765	19,287
NZD	NZD		15,332	15,839
KRW	KRW		18.16	19.92

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 15, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,240 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,028 VND - 26,452 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 26,050 VND - 26,440 VND.

Vietinbank: 25,890 VND - 26,430 VND.

Foreign exchange rates, USD/VND exchange rate today, August 15: USD goes up, experts warn sustainable recovery is difficult. (Source: Bloomberg)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.36%, currently at 98.20.

The dollar rose broadly after U.S. producer prices rose more than expected in July as the cost of goods and services rose, suggesting inflation could pick up broadly in the coming months.

While the data did not change expectations for a rate cut in September, it raised concerns that import tariffs could continue to fuel inflation in the coming months and could change the Fed's rate-cutting path for the rest of the year.

St. Louis Fed President Alberto Musalem said that a half-point rate cut in September was inappropriate given the current economic situation, with inflation still above the Fed's 2% target and businesses only in the early stages of adjusting to higher import tariffs.

The inflation data also raises questions about whether the Fed can maintain its aggressive pace of rate cuts for the rest of the year, according to Matt Weller, director of global market research at StoneX.

“Some people say we could see three cuts in a row of 25 basis points each… but if inflation stays at this level, the maximum possibility is only two cuts, and even that is uncertain,” he stressed.

Although financial markets have largely priced in a rate cut by the Fed on September 17, rising services inflation and expectations that tariffs will continue to push up commodity prices have some economists skeptical that the Fed will ease policy more aggressively unless the labor market deteriorates significantly.

Traders still see a Fed rate cut in September 2025 as almost certain, according to data from the London Stock Exchange-Owning Group (LSEG).

The euro fell 0.5% to $1.16413, while the pound fell 0.3% to $1.35325.

However, analysts warn that one should not expect a sustainable recovery in the USD.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-158-usd-di-len-chuyen-gia-canh-bao-kho-phuc-hoi-ben-vung-324397.html