USD exchange rate on October 8, 2025: Banks slightly reduced
USD exchange rate on October 8, 2025: The State Bank announced the central exchange rate at 25,133 VND/USD, down 8 VND compared to the previous trading session.
This is the second consecutive session that the central exchange rate has decreased, showing a slight adjustment trend by the regulatory agency to stabilize the foreign exchange market in the context of the international USD showing signs of slowing down.
At the State Bank of Vietnam, the reference exchange rate remains at 23,934 VND/USD (buy) and 26,348 VND/USD (sell).
Meanwhile, in the commercial market, major banks continued to record slight fluctuations. Vietcombank traded at 26,148 VND/USD (buy) and 26,398 VND/USD (sell), down 5 VND in both directions compared to yesterday.
BIDV also listed the exchange rate at 26,184 - 26,398 VND/USD, down 2 VND for buying and 5 VND for selling.
In contrast to the developments in the banking system, the free market increased sharply, as the USD exchange rate increased by more than 50 VND in both directions. The current trading price is around 26,735 VND/USD (buy) and 26,820 VND/USD (sell).
In addition, the Euro (EUR) exchange rate on the free market also increased, reaching 30,961 VND/EUR (buy) and 31,091 VND/EUR (sell), up 6 VND and 36 VND respectively compared to the previous session.
In the international market, the US Dollar Index (DXY) - a measure of the strength of the USD against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.48% to 98.58 points.
The euro (EUR) continued to weaken after the French Prime Minister resigned, putting the country's fiscal consolidation plan in jeopardy. The risk of France failing to submit its 2026 budget on time is forcing the National Assembly to pass a temporary spending bill, raising concerns about the economic stability of the common currency area. The EUR is currently down 0.43%, trading at 1.1659 USD/EUR.
