Today's USD exchange rate (May 29): The US dollar reverses its downward trend.

Today's USD exchange rate (May 29): Early this morning, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the USD remains unchanged, currently at 25,137 VND.

Báo Quân đội Nhân dân•28/05/2026

In the US market, the US Dollar Index (DXY), which measures the fluctuations of the US dollar against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), fell 0.21%, currently standing at 99.00.

Chart showing the fluctuations of the DXY index over the past 24 hours. Image: Market Watch

Today's USD exchange rate worldwide

The US dollar weakened against major currencies on Thursday following reports that the U.S. and Iran had reached an agreement to extend the ceasefire. However, throughout the past three months of conflict, similar reports have emerged but have yet to lead to a complete end to hostilities.

The US dollar has been highly volatile in recent weeks, reflecting the constantly changing outlook for the conflict in the Middle East. The USD typically strengthens when markets fear a prolonged confrontation, but weakens whenever there are signs that tensions may ease.

According to four sources familiar with the matter, the agreement would extend the ceasefire for another 60 days and allow maritime traffic to resume through the strategic waterway, while negotiators address thorny issues such as Iran's nuclear program.

The euro rose 0.20% against the dollar, reaching 1.1649 USD/EUR. Meanwhile, the dollar fell 0.37% against the Swiss franc, to 0.784 franc/USD.

The US stock market rose during the session, with the Nasdaq (.IXIC) index gaining nearly 1%. US Treasury yields also fell, with the benchmark 10-year Treasury yield dropping 2.8 basis points to 4.453%.

Inflation in the US rose at its fastest pace in three years in April, primarily due to soaring energy prices amid the conflict with Iran, signaling that the Federal Reserve may keep interest rates high for longer.

The personal consumption expenditure (PCE) price index rose 0.4% in April compared to the previous month, following a sharp 0.7% increase in March. However, core PCE inflation, which excludes food and energy prices, only increased 0.2% in April, lower than the 0.3% increase in the previous month.

Joel Kruger, market strategist at LMAX Group (London), commented: “The combination of slightly softer core PCE inflation and weaker growth data signals that the Fed may be less hawkish about maintaining high interest rates for an extended period, which somewhat supports market risk appetite.”

He argued: "Until there is a clear solution to geopolitical issues and their impact on inflation, the market is likely to remain volatile and lack a clear trend."

Investors are closely monitoring the possibility of further market intervention by Japanese authorities to support the yen as the exchange rate approaches the psychological threshold of 160 yen/USD.

The Japanese yen rose 0.19% against the US dollar, to 159.22 yen/USD.

Meanwhile, the risk-sensitive AUD rose 0.32% to 0.71645 USD/AUD. Year-to-date, the AUD remains the best-performing G10 currency against the USD, with a 7.35% increase.

The New Zealand dollar rose 0.51% to 0.59315 USD/NZD, continuing gains from the previous session after the Reserve Bank of New Zealand signaled a shift toward a more hawkish policy stance.

The US dollar reversed its upward trend and fell. (Illustration: Reuters)

Domestic USD exchange rate today

On the domestic market, at the beginning of today's trading session (May 29), the State Bank of Vietnam announced the central exchange rate of the Vietnamese Dong against the US Dollar at 25,137 VND.

The USD exchange rate at the State Bank of Vietnam's exchange remains unchanged, currently at 23,931 VND - 26,343 VND for buying and selling.

The USD exchange rates at commercial banks for buying and selling are as follows:

USD exchange rate	Buy	Sell
Vietcombank	26,113 VND	26,393 VND
Vietinbank	25,965 VND	26,393 VND
MB	26,123 VND	26,393 VND

The EUR exchange rate at the State Bank of Vietnam's exchange desk decreased, currently standing at 27,748 VND - 30,668 VND for buying and selling respectively.

The EUR exchange rates at commercial banks for buying and selling are as follows:

EUR exchange rate	Buy	Sell
Vietcombank	29,816 VND	31,387 VND
Vietinbank	29,818 VND	31,538 VND
MB	30,109 VND	31,438 VND

The Japanese yen exchange rate at the State Bank of Vietnam's exchange desk saw a slight decrease in buying and selling rates, currently standing at 150-165 dong.

The Japanese Yen exchange rates at commercial banks for buying and selling are as follows: