USD exchange rate on October 14, 2025: World slightly increased
USD exchange rate on October 14, 2025: Slight increase in domestic and international markets. Due to investors' cautious sentiment in the face of US-China trade tensions.
Domestic USD exchange rate on October 14, 2025
The State Bank announced the central exchange rate between the Vietnamese Dong and the USD at 25,114 VND/USD, a slight increase of 2 VND compared to yesterday.
At the State Bank of Vietnam, the reference exchange rate is listed at 23,909 VND/USD (buy) and 26,319 VND/USD (sell).
In the commercial banking system, the USD exchange rate tends to adjust slightly. Asia Commercial Bank (ACB) increased the buying price by 10 VND and the selling price by 2 VND, to 26,150 - 26,369 VND/USD.
Sacombank made mixed adjustments when it reduced the buying price by 8 VND but increased the selling price by 2 VND, listing 26,151 - 26,369 VND/USD.
HSBC is the bank with the highest buying price in the market, increasing 15 VND in buying and 2 VND in selling, reaching 26,231 - 26,368 VND/USD.
In the free market, USD was traded at 26,830 VND/USD (buy) and 26,930 VND/USD (sell), unchanged from yesterday.
World USD exchange rate on October 14, 2025
In the world market, the USD Index (DXY) - a measure of the strength of the USD compared to 6 key currencies - increased slightly to 99.25 points at 7:30 a.m. (Vietnam time).
The US dollar has strengthened against many major currencies as positive signals from Washington show that US-China trade tensions are showing signs of easing.
The exchange rate between the euro and the USD reached 1.1574, up 0.03%; the pound and the USD increased 0.06% to 1.3341; while the USD compared to the Japanese yen increased 0.03% to 152.33. In particular, the USD increased 0.61% against the Swiss franc, showing that money is still looking to the greenback as a safe haven in the context of global instability.
According to financial experts, the main driver for the USD's recovery was after President Donald Trump made more toned statements in the trade tension with China.
Earlier, Mr. Trump's threat to impose a 100% tariff on Chinese goods caused the USD to temporarily fall, reminiscent of the strong fluctuations in April 2025.
US Treasury Secretary Scott Bessent confirmed that President Trump still plans to meet with President Xi Jinping in South Korea in late October to discuss easing trade tensions, especially issues related to tariffs and export controls.
If this meeting goes well, the USD could maintain its strength in the short term due to expectations that the US economy will be less affected by trade tensions.
Foreign exchange expert Thierry Wizman believes that the US-China trade developments will have a direct impact on the US Federal Reserve's (Fed) interest rate policy.
If the threat of new tariffs remains high by the end of October, the Fed may delay a rate cut at the Federal Open Market Committee (FOMC) meeting. He said that in the context of stable US inflation, the Fed will be more cautious and may make a “hawkish” decision, meaning slowing the pace of monetary policy easing.
Experts predict that the USD may continue to maintain its strong position in the short term, especially when global investors continue to seek shelter from geopolitical instability.
However, if the meeting between the US and China brings positive results and trade tensions cool down, the upward pressure on the USD may ease, giving way to stability in other currencies such as the euro and the Japanese yen.
Domestically, the USD/VND exchange rate is forecast to remain stable around 26,300 - 26,400 VND/USD, as the State Bank is still proactively regulating foreign currency supply and demand, ensuring market liquidity and controlling inflation in the last months of the year.