Domestic USD exchange rate today
The central exchange rate today (May 23) was reduced by 7 VND by the State Bank to 24,955 VND/USD compared to yesterday's listed rate.
Applying a 5% margin, the current USD exchange rate that commercial banks are allowed to trade is from 23,758 - 26,152 VND/USD.
The reference buying and selling exchange rate is also kept by the State Bank of Vietnam at 23,758 - 26,152 VND/USD.
In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 23, 2025 decreased by 40 VND in buying and 50 VND in selling compared to yesterday's trading session, trading around 26,280 - 26,380 VND/USD.
| Domestic USD exchange rate | May 23, 2025 | Change from previous session | ||
| Bank | Buy | Sell | Buy | Sell |
| Vietcombank | 25760 | 26150 | 10 | 10 |
| VietinBank | 25799 | 26159 | 159 | 9 |
| BIDV | 25795 | 26155 | 15 | 15 |
| Techcombank | 25779 | 26154 | 8 | 4 |
| Eximbank | 25770 | 26200 | 10 | 20 |
| Sacombank | 25773 | 26153 | -17 | 3 |
VietinBank offers a USD buying price of 25,799 VND/USD, the highest compared to other banks. Eximbank offers a USD selling price of 26,200 VND/USD, significantly higher than other banks.
USD buying price at Sacombank decreased by 17 VND/USD to 25,773 VND/USD.
The buying-selling price difference at Eximbank is 430 VND/USD, the largest among banks.
World USD exchange rate on May 23, 2025
The USD Index (DXY), a measure of the greenback's strength against other major currencies, was trading at 99.93 (up 0.32%) as of 4:30 a.m. (Vietnam time).
The US dollar (USD) was volatile in the North American trading session on Thursday, with the DXY index hovering around 99.50. The main reason came from the US House of Representatives just narrowly passed the tax bill proposed by President Donald Trump, and sent it to the Senate for further consideration.
Immediately after receiving approval, Mr. Trump praised this as a “big beautiful bill” and called it one of the most important pieces of legislation. He also called on the Senate to act quickly to pass this bill.
The reaction from financial markets, however, has been more cautious. Investors are concerned that the tax cuts, combined with the massive spending plans, will exacerbate the US budget deficit. The Congressional Budget Office estimates that the bill could add $3.8 trillion to the national debt over 10 years, putting a huge strain on the government’s interest payments.
Moody's has previously warned of fiscal imbalances and rising borrowing costs, downgrading the US sovereign credit rating from Aaa to Aa1 - a worrying signal for the fiscal outlook.
The composite PMI came in at 52.1, up significantly from 50.6 in April. The PMI report showed that overall business activity in the private sector expanded at a strong pace, with significant increases in production in both the manufacturing and services sectors.
In another development, US labor market data just released showed that the number of initial jobless claims in the week ending May 16 reached 227,000, lower than the forecast of 230,000 and down slightly from the previous week's figure of 229,000. However, this improvement was not enough to completely dispel concerns about rising financial risks.
Source: https://baonghean.vn/ty-gia-usd-hom-nay-23-5-2025-usd-trong-nuoc-giam-7-dong-10298009.html
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