USD exchange rate today (May 8): Early this morning (May 8), the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the USD remains unchanged, currently at 25,113 VND.
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), rose 0.24%, currently standing at 98.26.
Today's USD exchange rate worldwide
The US dollar edged higher against most major currencies on Thursday as investors weighed the prospects for a de-escalation of the conflict between Iran and the US. According to sources and officials involved, the US and Iran are nearing a temporary agreement to end the conflict. A draft framework is expected to help halt fighting, but it leaves many of the most contentious issues open.
However, market sentiment was somewhat affected on Thursday after the Wall Street Journal reported that Iran would not accept what Tehran considered an “unrealistic” US plan to reopen the Strait of Hormuz. About one-fifth of the world's oil and liquefied natural gas is typically transported through this strait.
The euro was virtually unchanged for the day at $1.1748, while the British pound fell 0.1% to $1.35785.
Marc Chandler, chief strategist at Bannockburn Forex, commented: "I think the market is still in a state of tension."
He added that the market had previously leaned heavily toward the possibility of "peace being reached soon," but during North American trading, investors became more cautious about the prospect of a swift resolution of the conflict.
The Japanese yen fell about 0.3% against the dollar, a day after surging amid market speculation that Japanese authorities would continue to intervene to support the domestic currency. The dollar traded at 156.79 yen.
Data from the Bank of Japan suggests Tokyo may have spent as much as 5.01 trillion yen (equivalent to $32.06 billion) in its latest effort to support the weakening yen, indicating the possibility of multiple consecutive interventions in the market. Japan's top currency diplomat , Atsushi Mimura, also stated that the country is not restricted in its ability to intervene in the foreign exchange market.
US Treasury Secretary Scott Bessent is expected to meet with Japanese Prime Minister Takaichi Sanae next week. The Nikkei newspaper reports that the two sides will discuss curbing speculative short selling of the yen, among other issues. However, experts remain cautious about the yen's outlook.
Masahiko Loo, senior fixed asset strategist at State Street Investment Management, believes that if the Bank of Japan (BOJ) does not continue to raise interest rates to address its lagging monetary policy, the yen is likely to remain weak in the short term.
The Norwegian crown appreciated after the central bank raised its benchmark interest rate from 4% to 4.25%, citing persistently high inflation. The US dollar briefly fell to a four-year low before recovering and trading relatively flat at 9.293 crowns.
The Australian dollar, which is sensitive to risk, fell 0.2% to 0.7222 USD.
Meanwhile, the Swedish crown fell by about 0.2%, to 9.2508 crowns/USD, after the Swedish central bank said the risk of conflict in Iran could lead to higher inflation, although it kept interest rates unchanged at 1.75% as expected.
Domestic USD exchange rate today
On the domestic market, at the beginning of today's trading session (May 8), the State Bank of Vietnam announced the central exchange rate of the Vietnamese Dong against the US Dollar at 25,113 VND.
The USD exchange rate at the State Bank of Vietnam's exchange floor remains stable, currently at 23,908 VND - 26,318 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 | 26,088 VND | 26,368 VND |
Vietinbank | 25,950 VND | 26,368 VND |
MB | 26,118 VND | 26,368 VND |
The EUR exchange rate at the State Bank of Vietnam's exchange floor continues to rise, currently standing at 28,049 VND - 31,002 VND for buying and selling.
The EUR exchange rates at commercial banks for buying and selling are as follows:
EUR exchange rate | Buy | Sell |
Vietcombank | 30,153 VND | 31,743 VND |
Vietinbank | 30,124 VND | 31,844 VND |
MB | 30,463 VND | 31,784 VND |
The Japanese yen exchange rate at the State Bank of Vietnam's exchange desk increased, currently standing at 153 dong - 169 dong for buying and selling.
The Japanese Yen exchange rates at commercial banks for buying and selling are as follows:
Japanese Yen exchange rate | Buy | Sell |
Vietcombank | 162.67 VND | 173.00 VND |
Vietinbank | 162.88 VND | 174.38 VND |
MB | 164.05 VND | 173.39 VND |
Source: https://baolangson.vn/ty-gia-usd-hom-nay-8-5-dong-usd-bat-tang-5091000.html
![[Photo] General Secretary and President To Lam presides over the meeting to approve the draft report on the results of the second inspection by the Politburo of the Standing Committee of the Hanoi City Party Committee.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/05/26/1779789811432_a2-bnd-4430-9620-jpg.webp)
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