Foreign exchange rates, USD/VND exchange rate today August 18: USD 'waiting for news' of Fed's interest rate decision

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 20, 2025 07:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,110	26,120	26,460
EUR	EUR	30,048	30,169	31,297
GBP	GBP	34,865	35,005	35,998
HKD	HKD	3,297	3,310	3,416
CHF	CHF	31,982	32,110	33,015
JPY	JPY	173.99	174.69	182.07
AUD	AUD	16,731	16,798	17,339
SGD	SGD	20,114	20,195	20,743
THB	THB	787	790	825
CAD	CAD	18,699	18,774	19,296
NZD	NZD		15,329	15,835
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 18, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,249 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,037 VND - 26,461 VND.

USD exchange rates at commercial banks are as follows:

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

Vietinbank: 25,905 VND - 26,445 VND.

Foreign exchange rates, USD/VND exchange rate today, August 18: USD awaits news on Fed's interest rate decision. (Source: Getty Images)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 97.84.

The DXY index recorded a decline of about 0.4% against a basket of currencies last week, reflecting a change in market expectations for US monetary policy.

Most economists surveyed by Reuters forecast the US Federal Reserve will cut interest rates by 25 basis points in September, the first time this year, and possibly do so again before the end of the year.

The decision reflects concerns about the health of the world's largest economy, as inflation is rising again under pressure from US President Donald Trump's tariffs, while falling hiring data points to a weakening labor market.

Mr Trump has criticized Fed Chairman Jerome Powell for his hesitation to cut interest rates.

Many are awaiting further inflation and jobs data, as well as Mr Powell's speech at the annual Jackson Hole conference this month, his final speech as Fed chairman before his term ends next May.

Economists generally maintain a more cautious stance than interest rate futures traders, who are pricing in a near-certain rate cut in September and a strong likelihood of another, perhaps even a third, cut before year-end.

Currently, 61% of economists predict the Fed will lower interest rates to 4.00%-4.25% on September 17, while the remaining 42% believe the Fed will keep interest rates unchanged.

The US dollar is expected to continue to face downward pressure this week, reflecting market expectations that the Fed will cut interest rates at its September meeting, although there are still risk factors that could affect this trend.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-188-usd-ngong-tin-fed-quyet-dinh-lai-suat-324677.html