USD exchange rate today 5/30/2025: DXY slightly decreased as the US economy weakened

Domestic USD exchange rate today

The central exchange rate today (May 30) was increased by 16 VND by the State Bank to 24,962 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 23,764 - 26,160 VND/USD.

The reference buying and selling exchange rate is also kept by the State Bank of Vietnam at 23,764 - 26,160 VND/USD.

In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 30, 2025 increased slightly in both buying and selling directions compared to yesterday's trading session, trading around 26,260 - 26,360 VND/USD.

USD exchange rate today 5/30/2025: DXY slightly decreased as the US economy weakened

Domestic USD exchange rate	May 30, 2025		Change from previous session
Bank	Buy	Sell	Buy	Sell
Vietcombank	25820	26210	70	70
VietinBank	25838	26198	52	52
BIDV	25850	26210	64	64
Techcombank	25826	26202	60	60
Eximbank	25790	26210	35	25
Sacombank	25820	26210	60	70

The USD exchange rate at commercial banks continued to increase sharply on May 30, 2025. Both buying and selling rates were adjusted up from 25 to 70 VND compared to the previous session.

Vietcombank and Sacombank were the two banks that recorded the strongest increase, both increasing by 70 VND in both buying and selling prices.

Eximbank is the bank with the lowest increase, only 35 VND for buying and 25 VND for selling.

VietinBank currently has the highest buying rate: 25,838 VND/USD – favorable for USD sellers.

Techcombank has the lowest selling rate in the group: 26,202 VND/USD - suitable for those who need to buy USD.

Major banks such as BIDV, Vietcombank, and Sacombank listed the highest selling price: 26,210 VND/USD.

World USD exchange rate on May 30, 2025

The USD Index (DXY), a measure of the greenback's strength against other major currencies, was trading at 99.43, down 0.47% from yesterday, as of 4:30 a.m. (Vietnam time).

The dollar fell on May 29 after the US Court of International Trade rejected much of President Donald Trump’s new tariff plan. The court ordered the administration to reissue the tariff order within 10 days. In response, the Trump administration appealed, questioning the court’s authority.

Jefferies expert Brad Bechtel said that the court's ruling only targeted one part of the tax plan - related to emergency powers. Therefore, there are still many other ways for Trump to continue his tax program, making the market not completely reassured.

The dollar was also under pressure after data showed the US economy contracted 0.2% in the first quarter. Jobless claims also rose more than expected, raising concerns about the health of the economy.

Concerns about the impact of tariffs on growth and inflation are making the US dollar less attractive to foreign investors. Meanwhile, the US Federal Reserve (Fed) is keeping interest rates steady due to concerns about high inflation and is monitoring the real impact on the economy.

Goldman Sachs analysts said the court ruling could help ease inflation expectations and boost confidence in the US regulatory system. This could support risk markets and help the dollar strengthen, especially against safe-haven currencies like the Japanese yen and Swiss franc.

Still, experts warn that the tariffs may not be over. If the appeal is successful or the Trump administration takes a different legal approach, the tariffs could come back with even more force.

Earlier in the week, pessimism about the US economic outlook eased somewhat after Trump postponed plans to impose a 50% tariff on imports from Europe. The euro rose 0.5% to $1.1349 after falling as low as $1.1209.

Against the Japanese yen, the USD fell 0.28% to 144.42 JPY, after previously reaching 146.28 - the highest level since May 15. The USD also lost 0.42% against the Swiss franc, to 0.824.

In addition, Nvidia shares rose sharply after reporting better-than-expected revenue, boosting risk appetite and temporarily supporting the USD in early trading. Customers rushed to buy AI chips ahead of the export ban to China, helping Nvidia continue to lead the US stock market.

Investors are also watching a package of tax cuts and spending being debated by the U.S. Congress that is expected to add trillions of dollars to the national debt over the next decade. Some Republicans have objected to the lack of budget cuts.

Meanwhile, yields on long-dated US Treasury bonds rose last week, but demand for 20-year bonds was weak, suggesting investors are concerned about deteriorating public finances.

In Japan, the yen also depreciated against the dollar following reports that the government may cut back on ultra-long-term bond issuance to counter the recent sharp rise in domestic interest rates.

Source: https://baonghean.vn/ty-gia-usd-hom-nay-30-5-2025-dxy-giam-nhe-khi-kinh-te-my-suy-yeu-10298507.html