Foreign exchange rates, USD/VND exchange rate today August 28: EUR drops sharply, USD keeps increasing

Updated foreign exchange rate table - USD exchange rate Agribank today

1. Agribank - Updated: September 1, 2025 08:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,180	26,182	26,502
EUR	EUR	30,156	30,277	31,384
GBP	GBP	341,957	35,097	36,064
HKD	HKD	3,316	3,329	3,433
CHF	CHF	32,263	32,393	33,284
JPY	JPY	175.40	176.10	183.44
AUD	AUD	16,882	16,950	17,481
SGD	SGD	20,188	20,269	20,804
THB	THB	794	797	832
CAD	CAD	18,828	18,904	19,415
NZD	NZD		15,265	15,759
KRW	KRW		18.22	19.97

Exchange rate developments in the domestic market

In the domestic market, it is noted that World and Vietnam Newspaper at 7:40 a.m. on August 28, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,273 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 24,060 VND - 26,486 VND.

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

Vietcombank : 26,140 VND - 26,530 VND.

Vietinbank: 25,005 VND - 26,536 VND.

Foreign exchange rates, USD/VND exchange rate today, August 28: EUR drops sharply, USD keeps rising. (Source: DW)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down 0.04%, currently at 98.18.

The USD held gains against the EUR and the Yen.

Investors are focusing on upcoming US economic data for policy clues, amid lingering concerns about the independence of the US Federal Reserve (Fed).

The euro hit its lowest since Aug. 6, falling 0.09 percent to $1.1631. The pound edged up 0.12 percent to $1.3496, while the greenback fell 0.14 percent against the Swiss franc and was flat against the Japanese yen at 147.445 yen.

“Traders are largely in a wait-and-see mode as we look ahead to Nvidia’s earnings report today and PCE core inflation data, and they are unlikely to want to open large positions until those numbers are released,” said Michael Boutros, senior technical strategist at StoneX.

New York Fed President John Williams said interest rates are likely to fall at some point, but policymakers need to see how incoming data reflects the economy to decide whether a cut is appropriate at the September 2025 meeting.

Since returning to the White House earlier this year, Mr. Trump has repeatedly pressured the Fed to lower interest rates.

According to CME's FedWatch tool, money markets are currently pricing in an 87.2% chance that the Fed will cut interest rates by 25 basis points at its September 2025 meeting.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-288-eur-giam-manh-usd-giu-da-tang-325805.html