Foreign exchange rates, USD/VND exchange rate today September 18: Fed officially cuts interest rates, USD reverses, increases

Updated table of foreign exchange rates - USD exchange rates of Agribank today

1. Agribank - Updated: September 22, 2025 07:00 - Website time of supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,220	26,225	26,445
EUR	EUR	30,476	30,598	31,685
GBP	GBP	35,101	35,242	36,184
HKD	HKD	3,326	3,339	3,442
CHF	CHF	32,679	32,810	33,700
JPY	JPY	174.22	174.92	182.02
AUD	AUD	17,094	17,163	17,683
SGD	SGD	20,210	20,291	20,810
THB	THB	805	808	843
CAD	CAD	18,787	18,862	19,356
NZD	NZD		15,264	15,746
KRW	KRW		18.16	19.88

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 7:20 a.m. on September 18, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,198 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 23,989 VND - 26,407 VND.

USD exchange rates at commercial banks buying and selling are as follows:

Vietcombank : 26,147 VND - 26,457 VND.

Vietinbank: 26,010 VND - 26,457 VND.

(Source: Xinhua)

Foreign exchange rates, USD/VND exchange rate today, September 18: Fed officially cuts interest rates, USD reverses and increases. (Source: Xinhua)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.39%, currently at 97.01.

The US dollar fell to a four-year low against the euro before reversing course and rising in volatile trading.

The US Federal Reserve (Fed) has cut interest rates by another 0.25 percentage points, a move that is expected to be followed by two more similar cuts at its remaining two policy meetings this year.

Fed officials have increasingly come to view Mr Trump's tariffs as having only a temporary impact on inflation, and the latest forecasts are consistent with that assessment.

This is the first adjustment by the Federal Open Market Committee (FOMC) since December last year, bringing the policy interest rate down to a range of 4-4.25%.

The dollar found support after Fed Chairman Jerome Powell said the Fed was taking a “meeting-by-meeting” approach to its interest rate outlook, calling the move a risk-management cut and stressing there was no need to adjust too quickly.

The shift to a more steady pace of cuts was supported by Fed Governor Christopher Waller and Vice Chair for Supervision Michelle Bowman, who were appointed by Mr Trump and had opposed the decision to leave interest rates unchanged past the end of July 2025.

The euro fell 0.3% against the dollar to $1.18305, after jumping to $1.19185, its highest level since June 2021.

The pound rose 0.08% to $1.36575, not far from a two-and-a-half month high, after UK inflation data came in as expected.

Against the Japanese yen, the dollar rose 0.1% to 146.655 yen, ahead of a policy meeting of the Bank of Japan (BOJ), where it is expected to keep interest rates unchanged.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-189-fed-chinh-thuc-cat-giam-lai-suat-usd-dao-chieu-bat-tang-327958.html