USD exchange rate today December 5, 2025 continues to plummet

The USD exchange rate today, December 5, 2025, decreased in both international and domestic markets, as investors expected the Fed to soon lower interest rates and banks simultaneously adjusted to reduce interest rates.

International USD exchange rate weakens as expectations of Fed rate cut increase

The Dollar Index (DXY), a measure of the strength of the USD against a basket of six major currencies, opened the morning session on December 5 at 99.06 points. This index has decreased sharply by 0.19 points compared to the previous session. By 8:20 a.m., the USD continued to decrease slightly, down to 99.00 points.

The market is pricing in a 25 basis point rate cut by the Fed. Analysts expect economic data to support at least two rate cuts early next year, making it unlikely the dollar will recover even in the first quarter.

The greenback also came under further pressure as President Donald Trump announced plans to name a successor to Fed Chairman Jerome Powell early next year. Kevin Hassett’s status as a potential candidate could cause concern among investors, who fear he will push for more aggressive interest rate cuts as Trump has sought.

Domestic USD exchange rate decreases following international trend

In the domestic market on the morning of December 5, the State Bank of Vietnam announced the central USD exchange rate between Vietnamese Dong and USD at 1 USD = 25,151 VND, down 2 VND/USD compared to the previous session.

The reference exchange rate at the Foreign Exchange Management Department also decreased by 1 VND/USD, currently at 23,945 - 26,359 VND/USD (buy - sell).

On the morning of December 5, the USD exchange rate listed at major commercial banks continued to have a slight downward trend in the selling direction, and many banks also decreased in the buying direction.

Vietcombank : Listed USD buying price at 26,139 VND/USD, selling price at 26,409 VND/USD; both down 1 VND/USD in both directions compared to the previous session.

BIDV: Listed USD buying price at 26,169 VND/USD (down 11 VND/USD), selling price at 26,409 VND/USD (down 1 VND/USD).

Vietinbank: Listed USD buying price at 26,013 VND/USD (down 2 VND/USD), selling price at 26,409 VND/USD (down 1 VND/USD).

Agribank: Listed USD buying price at 26,165 VND/USD (up 5 VND/USD), selling price at 26,409 VND/USD (down 1 VND/USD).

In the free market, the USD exchange rate also continued to decrease, currently trading at 27,282 - 27,402 VND/USD (buy - sell), down 14 VND/USD in both directions compared to early morning of the same day. The difference between buying and selling in the free market is 120 VND/USD.

Source: https://baodanang.vn/ty-gia-usd-hom-nay-5-12-2025-tiep-tuc-lao-doc-3313731.html