The USD Index (DXY) closed at 98.14 on June 13, up 0.22 points from the previous session (June 12) but down a significant 1.06 points from the previous week (June 6). Notably, during the June 12 session, DXY fell to 97.92 at one point – its lowest level in over three and a half years.
This movement reflects a rebound following Israel’s attack on Iran, largely driven by a flight to safe-haven assets. However, this recovery was overshadowed by the release of weaker-than-expected US inflation data for May on June 11, indicating a slowdown in consumer price growth. This reinforced expectations that the Federal Reserve may soon begin a rate cut cycle, putting downward pressure on the USD in the June 12 session.
 Source: SBV
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In the domestic market, the central exchange rate announced by the State Bank of Vietnam on June 13 was VND 24,990 per USD, a decrease of VND 2 from the previous week. With a +/- 5% margin, commercial banks are allowed to trade USD within a range of VND 23,741 – VND 26,240 per USD.
The reference USD/VND rates at the State Foreign Reserve Management Commission decreased by VND 16 and VND 18, respectively, from the previous week, to VND 23,777 – VND 26,173 per USD (buy-sell).
 Source: VCB
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At Vietcombank, the exchange rate on June 13 was quoted at VND 25,833 – VND 26,223 per USD (buy-sell), a slight increase of VND 3 in both directions from the previous week.
Source: VietstockFinance
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In the free market, the USD rate increased by VND 55 in both directions from the previous week, trading around VND 26,280 – VND 26,380 per USD (buy-sell).
– 17:08 15/06/2025
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Vietcombank has listed the USD exchange rate at 25,863-26,223 VND/USD (buying-selling), an increase of 13 VND from yesterday’s morning session; meanwhile, BIDV has also raised their rates by 10 VND, now offering 25,855-26,215 VND/USD.
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