USD exchange rate today 5/24/2025: Domestic increase, world decrease as Mr. Trump creates new storm for iPhone

Domestic USD exchange rate today

The central exchange rate today (May 24) was increased by 5 VND by the State Bank to 24,960 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 23,762 - 26,158 VND/USD.

The reference buying and selling exchange rate is also kept by the State Bank of Vietnam at 23,762 - 26,158 VND/USD.

In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 24, 2025 remained unchanged in both buying and selling directions compared to yesterday's trading session, trading around 26,280 - 26,380 VND/USD.

Domestic USD exchange rate	May 24, 2025		Change from previous session
Bank	Buy	Sell	Buy	Sell
Vietcombank	25740	26130	-20	-20
VietinBank	25769	26129	-30	-30
BIDV	25775	26135	-20	-20
Techcombank	25756	26135	-23	-19
Eximbank	25770	26200	0	0
Sacombank	25747	26127	-26	-26

According to the exchange rate table on May 24, 2025, the USD in the domestic market recorded a slight decrease at most banks compared to the previous session.

The highest selling price belongs to BIDV and Techcombank (26,135 VND/USD), the lowest is VietinBank (26,129 VND/USD).

The decrease ranged from 19 to 30 VND, in which VietinBank decreased the most (-30 VND), followed by Sacombank (-26 VND).

BIDV has the highest buying price (25,775 VND/USD), while Vietcombank keeps the lowest price (25,740 VND/USD).

Except for Eximbank keeping the exchange rate unchanged, the remaining banks all reduced their buying prices, in which VietinBank continued to lead the decrease (-30 VND), Techcombank decreased slightly (-23 VND).

World USD exchange rate on May 24, 2025

The USD Index (DXY), a measure of the greenback's strength against other major currencies, was trading at 99.27 (down 0.66%) as of 4:30 a.m. (Vietnam time).

The drop comes after the US House of Representatives passed President Donald Trump's massive spending bill, which now moves to the Senate for further consideration.

According to the Congressional Budget Office, the bill, which Mr. Trump calls “a big, beautiful bill,” will require the United States to borrow an additional $3.8 trillion over the next 10 years. This figure, combined with the current federal government debt of $36.2 trillion, raises serious concerns about the long-term financial sustainability of the United States.

Financial markets, especially bond markets, reacted quite negatively to this news, as evidenced by the fact that the yield on the 30-year US bond jumped to 5.15% on Thursday, up from 4.64% in early May.

This is the highest level in more than a year, close to the peak of 5.18% in late December last year. As borrowing costs rise, concerns about government financial pressures become more evident, causing the US dollar to weaken.

Meanwhile, on the social network Truth Social, Mr. Trump continued to attract attention when he announced that he was considering imposing a tax of up to 50% on imported goods from the European Union (EU), starting June 1. He also warned that products such as the iPhone that are not manufactured in the US could be taxed at 25%. This news caused Apple's stock and the European market to fall sharply.

Tough trade rhetoric and massive government spending plans are making investors nervous about the dollar. If this trend continues, the dollar could come under further downward pressure in the coming period.

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Source: https://baonghean.vn/ty-gia-usd-hom-nay-24-5-2025-trong-nuoc-tang-the-gioi-giam-do-ong-trump-lai-tao-tam-bao-moi-cho-iphone-10298083.html