USD exchange rate today October 22, 2025: USD increased slightly while Japanese Yen decreased
USD exchange rate today October 22, 2025: DXY index increased 0.38% to 98.96 points when Japanese Yen fell to its lowest level in a week
USD exchange rate developments in the international market
In the US market, the DXY index – a measure of the USD exchange rate fluctuations against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.38%, reaching 98.96 points. The USD was supported when investors sought safe assets amid global instability.
The Japanese yen fell to a one-week low as Sanae Takaichi was elected as Japan’s prime minister. The yen fell 0.76% to 151.895 yen per dollar, its biggest one-day drop in two weeks, underpinning the strength of the dollar.
In the international market, major currencies traded in a narrow range. The euro fell 0.3% to $1.161, despite a more stable political situation in France. The pound also weakened against the dollar after the UK announced the highest increase in public debt since the pandemic.
Investor sentiment improved somewhat when US President Donald Trump expressed hope of reaching a trade deal with China. However, the USD exchange rate still plays a leading role in the market as money continues to flow to safe assets.
Analysts predict that the USD exchange rate may maintain an upward trend in the short term, especially when the Yen weakens and the EUR is under pressure.
Domestically, the stability of the central exchange rate helps to reduce the impact of external fluctuations, but the free market still reacts quickly to international developments.
Central USD exchange rate stable, commercial banks fluctuate slightly
On the morning of October 22, the State Bank announced the central USD exchange rate at 25,099 VND/USD, unchanged from October 21.
According to the amplitude of ±5%, today's ceiling rate is 26,354 VND/USD and the floor rate is 23,844 VND/USD.
At the State Bank of Vietnam, the reference exchange rate is listed at 23,895 - 26,303 VND/USD (buy - sell).
In the free market, the USD exchange rate increased in both buying and selling directions in the early morning. The USD was traded at 27,230 VND/USD (buy) and 27,287 VND/USD (sell), both up 63 VND/USD compared to the previous session.
At commercial banks, the USD exchange rate fluctuated slightly but remained at a high level. Vietcombank listed 26,123 VND/USD (buy) and 26,353 VND/USD (sell), up 7 VND/USD in the buying direction but down 3 VND/USD in the selling direction.
BIDV listed the buying price at 26,153 VND/USD and the selling price at 26,353 VND/USD, down 3 VND/USD in both directions compared to the previous session.
Vietinbank also recorded a similar decrease, with the buying price at VND25,973/USD and the selling price at VND26,353/USD.
At Agribank, the USD exchange rate was listed at 26,172 VND/USD (buy) and 26,353 VND/USD (sell), down 3 VND/USD in both transaction directions.