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Exchange rate increased sharply

On August 22, the State Bank announced the central exchange rate at 25,298 VND, an increase of 25 VND compared to August 21. According to the +-5% amplitude, the ceiling exchange rate that banks are allowed to trade is 26,562 VND/USD, the floor exchange rate is 24,033 VND/USD.

Hà Nội MớiHà Nội Mới22/08/2025

Reference exchange rate at the State Bank's Foreign Exchange Management Department: 24,084 VND/USD (buy) - 26,512 VND/USD (sell).

central-city-price-chart-22-8.jpg
The central rate continues to increase sharply.

At commercial banks, specifically the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ) both listed the USD exchange rate: 26,242 VND/USD (buy) - 26,562 VND/USD (sell), a sharp increase of 82 VND in the buying direction and an increase of 42 VND in the selling direction compared to yesterday.

For the "black market", the USD exchange rate decreased by 6 VND in buying and increased by 9 VND in selling, trading around 26,563 VND/USD (buying) - 26,648 VND/USD (selling).

In the US market, the DXY index, which measures the health of the USD compared to other major currencies in the international currency basket, was 98.65, up 0.44. The USD increased thanks to optimistic parameters of the world's leading economy , the US, in which business activities in the US improved in August, led by the manufacturing sector, which recorded the strongest increase in orders in 18 months.

In contrast to the USD, the EUR fell 0.34% to 1.1611 USD. The Japanese Yen lost 0.65% to 148.29 USD. The British Pound (GBP) also fell 0.27% to 1.342 USD.

Source: https://hanoimoi.vn/ty-gia-tang-manh-713573.html


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