USD exchange rate today 5/28/2025: Freedom is quiet, the world increases strongly

USD exchange rate today May 28, 2025: USD exchange rate on the "black market", USD is traded at 26,250 - 26,350 VND/USD, USD Index (DXY) increased by 0.45%, reaching 99.56 points

Opening the trading session on May 28, the announcement of the Vietnamese Dong against the USD decreased by 5 VND, currently at 24,935 VND.

The reference USD exchange rate at the State Bank's buying and selling exchange center decreased slightly, currently at 23,739 - 26,131 VND.

The central exchange rate today (May 28) was increased by 12 VND by the State Bank, to 24,947 VND/USD. The 5% band allows the USD exchange rate at commercial banks to trade from 23,700 - 26,194 VND/USD.

The reference buying and selling exchange rate at the State Bank's Transaction Office was also raised accordingly to the range of 23,750 - 26,144 VND/USD.

USD exchange rates at domestic banks on the morning of May 28 were little changed. VietinBank and Techcombank increased slightly by 5 to 11 VND, while Eximbank and Sacombank decreased by 5 to 25 VND compared to yesterday.

Highest USD buying price at VietinBank , lowest selling price at Sacombank.

On the "black market", the USD is traded at 26,250 - 26,350 VND/USD, the buying and selling price unchanged compared to yesterday morning.

The USD Index (DXY), which measures the greenback's movements against six major currencies, rose 0.45% to 99.56 points. As of 7:00 a.m. (Vietnam time), the DXY index fell further to 98.48.

The US dollar rebounded in the last trading session, boosted by improved US consumer confidence data. US consumer confidence in May was much better than expected.

US President Donald Trump has dropped his threat to impose 50% tariffs on EU imports from next month, boosting investors’ appetite for riskier assets.

EU policymakers have asked top companies and executives to provide details of their investment plans in the US as Brussels prepares for trade talks with Washington.

Investors are also watching as Congress passes President Donald Trump’s tax and spending bill, which is expected to add trillions of dollars to the debt. Chris Low, chief economist at FHN Financial, said the budget bill will reduce the deficit-to-GDP ratio but may not be enough to put the budget on a sustainable path.

Minneapolis Fed President Neel Kashkari called for keeping interest rates on hold until it is clearer how higher tariffs will impact inflation. Minutes from the Fed’s latest policy meeting are due out on Wednesday.

Important US economic data due this week include first-quarter GDP estimates, weekly jobless claims and the core PCE price index (the Fed's preferred inflation measure) due on May 30.

Compared to the USD, the EUR fell 0.46% to 1.1335 USD due to the impact of French inflation data falling to its lowest level since December 2020.

In another development, compared to the Swiss franc, the USD increased by 0.77% to 0.827 franc.

Against the Japanese yen, the US dollar rose 1% to 144.28.

The euro could become a viable alternative to the dollar if governments focus on strengthening the bloc's financial and security architecture, European Central Bank President Christine Lagarde said.

In the long term, a more protectionist US stance will continue to weaken the greenback.

Source: https://baoquangnam.vn/ty-gia-usd-hom-nay-28-5-2025-tu-do-im-ang-the-gioi-tang-manh-3155634.html