Foreign exchange rates, USD/VND exchange rate today, May 22: USD 'inferior' in the currency basket

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: May 22, 2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,770	25,780	26,120
EUR	EUR	28,724	28,839	29,945
GBP	GBP	34,167	34,304	35,279
HKD	HKD	3,250	3,263	3,368
CHF	CHF	30,832	30,956	31,877
JPY	JPY	175.67	176.38	183.74
AUD	AUD	16,375	16,441	16,971
SGD	SGD	19,716	19,795	20,337
THB	THB	770	773	807
CAD	CAD	18,332	18,406	18,919
NZD	NZD		15,155	15,663
KRW	KRW		17.86	19.70

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on May 22, the State Bank announced the central exchange rate of the Vietnamese Dong decreased by 6 VND, currently at 24,962 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,764 VND - 26,160 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,750 - 26,140 VND.

Vietinbank: 25,643 - 26,153 VND.

Foreign exchange rates, USD/VND exchange rate today, May 22: USD is 'inferior' in the currency basket. (Source: PBS)

World market developments

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.43% to 99.69.

The US dollar fell against a basket of currencies, weighed down by concerns over US President Donald Trump's tax cuts and spending bill and increased border security.

During a nearly two-hour meeting at the Capitol, President Trump sent a direct message to House Republicans, urging them to stop infighting and support the bill.

However, no Democrats are expected to support the bill, while some Republican lawmakers also took issue with the size and scope of the massive 1,116-page plan.

The greenback extended losses against major currencies such as the euro and the yen after a light $16 billion sale of 20-year bonds.

The bonds were priced at a record 5.047%, higher than the expected interest rate at the time of the auction.

In afternoon trading, the euro rose 0.4 percent against the dollar to $1.1334, after hitting a two-week high.

Developments in Donald Trump’s global tariff war – which has shaken currencies in recent months – slowed significantly this week.

That's because a 90-day tariff reprieve for US trading partners is coming to an end without a new deal in place.

While markets remain optimistic that the White House wants to push trade back in a sustainable manner, talks with close allies Japan and South Korea have yet to yield concrete results.

The dollar fell 0.6% against the Japanese yen to 143.62 yen. The yield on 30-year Japanese government bonds jumped to a new record on May 21.

Meanwhile, the pound hit its highest level since February 2022 after data showed UK consumer inflation flared up more strongly than expected in April, which could prompt the Bank of England to slow the pace of future interest rate cuts.

The British pound closed the trading session up 0.3% at $1.3425.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-225-usd-lep-ve-trong-ro-tien-te-315100.html