USD exchange rate on October 8, 2025: Banks slightly reduce rate.

This marks the second consecutive session in which the central exchange rate has decreased, indicating a slight adjustment by the regulatory authority to stabilize the foreign exchange market amidst signs of a slowdown in the international US dollar.

At the State Bank of Vietnam's exchange floor, the reference exchange rate remains at 23,934 VND/USD (buying) and 26,348 VND/USD (selling).

Meanwhile, in the commercial market, major banks continued to record slight fluctuations. Vietcombank traded at 26,148 VND/USD (buying) and 26,398 VND/USD (selling), a decrease of 5 dong in both directions compared to yesterday.

BIDV also listed the exchange rate at 26,184 - 26,398 VND/USD, a decrease of 2 dong in the buying rate and 5 dong in the selling rate.

In contrast to developments in the banking system, the free market saw a sharp increase, with the USD exchange rate rising by more than 50 dong in both buying and selling directions. The current trading price is around 26,735 VND/USD (buying) and 26,820 VND/USD (selling).

Additionally, the Euro (EUR) exchange rate on the free market also increased, reaching 30,961 VND/EUR (buying) and 31,091 VND/EUR (selling), an increase of 6 dong and 36 dong respectively compared to the previous session.

On 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) – fell 0.48% to 98.58 points.

The euro (EUR) continued to weaken after the French Prime Minister submitted his resignation, jeopardizing the country's fiscal consolidation plans. The risk of France failing to present its 2026 budget on time is forcing Parliament to pass a temporary spending bill, increasing concerns about the economic stability of the eurozone. Currently, the EUR is down 0.43%, trading at 1.1659 USD/EUR.