Foreign exchange rates, USD/VND exchange rate today August 8: The position of Fed Chairman has a leading candidate, USD at commercial banks drops lower

Updated foreign exchange rate table - USD exchange rate Agribank today

1. Agribank - Updated: August 8, 2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,040	26,050	26,390
EUR	EUR	29,955	30,075	31,201
GBP	GBP	34,376	34,514	35,500
HKD	HKD	3,275	3,288	3,394
CHF	CHF	31,937	32,065	32,971
JPY	JPY	173.68	174.38	181.76
AUD	AUD	16,705	16,772	17,313
SGD	SGD	20,037	20,117	20,664
THB	THB	789	792	827
CAD	CAD	18,742	18,817	19,342
NZD	NZD		15,298	15,804
KRW	KRW		December 18	19.88

Exchange rate developments in the domestic market

In the domestic market, it is noted that World and Vietnam Newspaper at 6:40 a.m. on August 8, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,239 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 24,021 VND - 26,443 VND.

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

Vietcombank : 26,010 VND - 26,400 VND.

Vietinbank: 25,865 VND - 26,375 VND.

The selling price of USD at major commercial banks mainly decreased compared to the previous session, the highest recorded level reached 26,375 VND/USD.

Foreign exchange rates, USD/VND exchange rate today, August 8: The position of Fed Chairman has a leading candidate, USD at commercial banks drops lower. (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) at 98.05.

The US dollar rose after Bloomberg reported that US Federal Reserve Governor Christopher Waller is emerging as a leading candidate for Fed chairman in President Donald Trump's team.

Bloomberg said Mr. Waller has met with members of Mr. Trump's team, who were impressed with him, although he has not yet met the president in person.

However, Mr. Waller is highly regarded in the financial community and central banks and his appointment would be a positive signal for the USD.

Mr. Waller is seen as dovish, but has enough credibility to keep long-term interest rates steady and provide strong support for capital flows into the dollar, said Karl Schamotta, chief market strategist at Corpay in Toronto.

Against the Japanese Yen, the USD increased 0.1% to 147.49.

The British pound rose after a higher-than-expected number of policymakers at the Bank of England (BoE) voted to keep interest rates unchanged, despite the bank cutting rates by 25 basis points as expected by the market.

Four of the nine members of the BoE voted to keep interest rates unchanged due to concerns about high inflation, suggesting the BoE's rate-cutting cycle may be coming to an end. The pound ended the session up 0.41% at $1.341.

Meanwhile, the EUR fell 0.27% to $1.1627. The EUR is likely to continue to be supported against the USD, thanks to a relatively more “hawkish” policy from the European Central Bank (ECB).

Against the Swiss franc, the US dollar rose 0.16% to 0.808.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-88-chuc-vu-chu-chairman-fed-co-ung-cu-vien-hang-dau-usd-tai-ngan-hang-thuong-mai-ha-xuong-thap-hon-323699.html