World USD exchange rate on May 13, 2025
The US Dollar Index (DXY), which tracks the value of the greenback against a basket of currencies, surged earlier this week and hit a more than one-month high of 101.65.
The bounce came shortly after the much-anticipated joint statement from the US and China on the outcome of the first round of trade talks held in Geneva last weekend.
Under the new agreement, the US will temporarily reduce tariffs on Chinese goods to a base rate of 10% for 90 days. China also pledged to stop imposing tariffs on US goods, signaling an end to the long-standing trade tensions between the world's two largest economies .
This positive development has eased fears of a recession in the US, and combined with the Federal Reserve's policy of temporarily suspending interest rate hikes, it has created a strong boost for the USD.
Last week, the Fed said it had no intention of cutting interest rates in the near future, citing concerns that short-term inflationary pressures could be exacerbated by tariff policies.
The announcement further pushed up US government bond yields, with the 10-year bond hitting its highest level since April 14. This further increased the appeal of the US dollar, which is considered a safe asset, despite the growth trend of risky assets globally.
Now, after the market digests the positive news from the trade talks, the focus shifts to upcoming inflation data. This week, the US will release the consumer price index (CPI) on Wednesday and the producer price index (PPI) on Thursday.
In addition, Fed Chairman Jerome Powell’s speech will also be closely watched for further signs on the direction of interest rate policy in the coming time. These factors are expected to directly affect the price movement of the USD and the next direction of the DXY index.
Domestic USD exchange rate today
In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 13, 2025 increased by 25 VND in both directions compared to yesterday's trading session, trading around 26,380 - 26,500 VND/USD.
In the domestic market, at the beginning of the trading session on May 13, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,945 VND, down 6 VND compared to yesterday.
* The reference exchange rate at the State Bank's transaction office for buying and selling remains unchanged, currently at: 23,748 VND - 26,142 VND.
USD exchange rates at commercial banks are as follows:
USD exchange rate | Buy | Sell |
Vietcombank | 25,750 VND | 26,140 VND |
Vietinbank | 25,670 VND | 26,180 VND |
BIDV | 25,787 VND | 26,147 VND |
VIB Bank is buying US Dollar cash at the lowest price of 25,340 VND/USD
VIB Bank is buying US Dollar transfers at the lowest price of 25,400 VND/USD
OCB Bank is buying US Dollar cash at the highest price of 25,850 VND/USD
OCB Bank is buying US Dollar transfers at the highest price of 25,900 VND/USD
VIB Bank is selling US Dollar cash at the lowest price of 25,760 VND/USD
VIB Bank is selling US Dollar transfers at the lowest price of 25,760 VND/USD
UOB Bank is selling US Dollar cash at the highest price of 26,192 VND/USD
NCB Bank is selling US Dollar transfers at the highest price of 26,198 VND/USD
EUR exchange rates at commercial banks are as follows:
EUR exchange rate | Buy | Sell |
Vietcombank | 28,100 VND | 29,640 VND |
Vietinbank | 28,510 VND | 30,220 VND |
BIDV | 28,467 VND | 29,705 VND |
* The Japanese Yen exchange rate at the State Bank's exchange office has increased slightly, currently at: 162 VND - 180 VND.
Japanese Yen Exchange Rate | Buy | Sell |
Vietcombank | 169.55 VND | 180.32 VND |
Vietinbank | 175.17 VND | 184.87 VND |
BIDV | 172.18 VND | 180.18 VND |
Source: https://baonghean.vn/ty-gia-usd-hom-nay-13-5-trong-nuoc-giam-the-gioi-tang-ky-luc-10297133.html
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