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Foreign exchange rates, USD/VND exchange rate today August 29: USD still under pressure

Foreign exchange rates, USD/VND exchange rate today, August 29, recorded USD weakening against major currencies as traders increased bets that the Federal Reserve (Fed) will cut interest rates next month.

Báo Quốc TếBáo Quốc Tế29/08/2025

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

1. Agribank - Updated: September 3, 2025 07:00 - 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 29, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,268 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 24,055 VND - 26,481 VND.

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

Vietcombank : 26,141 VND - 26,531 VND.

Vietinbank: 25,015 VND - 26,531 VND.

(Nguồn: CNBC)
Foreign exchange rates, USD/VND exchange rate today, August 29: USD is still under pressure. (Source: CNBC)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down 0.34%, currently at 97.90.

The US dollar weakened against major currencies as traders increased bets that the Federal Reserve will cut interest rates next month.

The greenback continues to be under pressure from President Donald Trump’s campaign for more influence over monetary policy, as he seeks to remove Lisa Cook, one of the Fed’s governors. Cook filed a lawsuit on Monday, arguing that President Trump does not have the authority to remove her.

Although the dollar pared some of its losses after data showed improved jobless claims and stronger-than-expected GDP growth, the currency remained weak in the US afternoon session as investors awaited more key data.

The dollar fell against the euro, even after France's prime minister unexpectedly called for a confidence vote next month. The euro rose 0.43% to $1.1688.

The British pound also rose 0.13% to $1.3516.

In an interview with CNBC, New York Fed President John Williams said that interest rates could be cut at some point, but policymakers need to monitor upcoming data to decide whether a cut at the Fed's September 16-17 meeting is appropriate.

Compared to the Japanese Yen, the USD decreased 0.40% to 146.815 Yen

The US dollar fell to its lowest level against the yuan in the international foreign exchange market since November, closing down 0.46% at 7.1190 yuan.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-298-usd-van-chiu-ap-luc-325926.html


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