USD exchange rate today May 28, 2025: Free exchange rate increased slightly, thanks to lower Japanese bond yields and US economic expectations

Domestic USD exchange rate today

The central exchange rate today (May 28) was reduced by 5 VND by the State Bank at 24,935 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 23,739 - 26,131 VND/USD.

The reference buying and selling exchange rate is also kept by the State Bank of Vietnam at 23,739 - 26,131 VND/USD.

In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 28, 2025 increased slightly in both buying and selling directions compared to yesterday's trading session, trading around 26,270 - 26,370 VND/USD.

USD exchange rate today May 28, 2025: Free exchange rate increased slightly, thanks to lower Japanese bond yields and US economic expectations

Domestic USD exchange rate	May 28, 2025		Change from previous session
Bank	Buy	Sell	Buy	Sell
Vietcombank	25710	26100	10	10
VietinBank	25590	26100	-29	-29
BIDV	25730	26090	10	10
Techcombank	25723	26098	2	1
Eximbank	25710	26130	0	-10
Sacombank	25725	26105	-5	-5

According to the exchange rate table on May 28, 2025, the USD exchange rate at domestic commercial banks recorded slight fluctuations, mainly in the direction of a slight increase compared to the previous session.

At Vietcombank, the buying and selling rates increased by 10 VND to 25,710 VND/USD (buy) and 26,100 VND/USD (sell), respectively.

BIDV also had a similar development with an increase of 10 VND in both directions, buying at 25,730 VND/USD and selling at 26,090 VND/USD.

Techcombank recorded a smaller increase, with the buying price increasing by VND2 and the selling price increasing by VND1, reaching VND25,723 and VND26,098/USD, respectively.

On the contrary, VietinBank and Sacombank adjusted down slightly. VietinBank decreased by 29 VND in both directions, currently trading at 25,590 VND/USD for buying and 26,100 VND/USD for selling.

Sacombank also slightly decreased by 5 VND in both directions. Meanwhile, Eximbank kept the buying and selling prices unchanged, at 25,710 and 26,130 VND/USD, respectively.

World USD exchange rate on May 28, 2025

The USD Index (DXY), a measure of the greenback's strength against other major currencies, was trading at 99.51, up 0.53% from yesterday, as of 4:30 a.m. (Vietnam time).

The recovery came after the Japanese Ministry of Finance said it would adjust its bond issuance plan, possibly reducing the volume of the offering. This has caused Japanese bond yields to fall sharply and caused the Yen (JPY) to depreciate, thereby boosting the USD in the international market.

In addition to the Japanese factor, the USD also received support from new statements from Minneapolis Fed President Neel Kashkari, who said that interest rates will be maintained at current levels until there is more clarity on tax policy.

He also noted that trade negotiations between the US and major partners like the EU could drag on for months, even years, rather than achieving quick results.

After the Memorial Day holiday that halted trading in the US earlier in the week, investors are turning their attention to a slew of economic data released on Tuesday.

In particular, April durable goods orders and the Dallas Fed manufacturing business index for May will be two important indicators to assess the health of the manufacturing sector - which is greatly affected by the Trump administration's tax policy.

In the short term, the outlook for the USD remains dependent on political and financial developments from Washington and the recovery of the US economy, while the market continues to wait for clearer signals from the Fed and international trade negotiations.

Source: https://baonghean.vn/ty-gia-usd-hom-nay-28-5-2025-ty-gia-tu-do-tang-nhe-nho-loi-suat-trai-phieu-nhat-giam-va-ky-vong-kinh-te-my-10298349.html