As of the session close on November 28, the USD Index (DXY) stood at 99.41 points, marking a 0.7-point decline from the previous week—its steepest drop in four months.
The US dollar’s sharp depreciation stems from investor expectations of a Fed rate cut, fueled by President Donald Trump’s push for deeper cuts following the potential appointment of a new Fed Chair in May. Should White House economic advisor Kevin Hassett—a dovish advocate—take the helm, it could further weaken the greenback.
 Source: SBV
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Domestically, Vietnam’s exchange rates diverged from global trends, continuing their upward trajectory. On November 28, the State Bank of Vietnam set the central rate at 25,155 VND/USD, a 19-point weekly increase and the fourth consecutive week of gains. With a ±5% band, commercial banks’ rates fluctuated between 23,897 and 26,413 VND/USD.
At the Foreign Exchange Management Department, the reference rate was listed at 23,948–26,362 VND/USD (buy–sell), rising 18 and 20 points, respectively, over the week.
 Source: VCB
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Among banks, Vietcombank closed the week at 26,132–26,412 VND/USD (buy–sell), down 10 points on the buy side but up 20 points on the sell side compared to the prior week.
Source: VietstockFinance
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In the free market, the USD/VND rate extended its decline to 27,650–27,730 VND/USD (buy–sell), dropping 50 and 70 points, respectively, from the previous week.
According to Vietcombank Securities (VCBS), November’s exchange rate pressures primarily stemmed from free-market speculation and hoarding amid rising gold prices and lingering uncertainties. Year-end surges in payment and import demands for goods and raw materials further amplified USD demand.
– 18:31 30/11/2025
Silver Prices Rebound Today
Silver prices surged today, both domestically and internationally, marking a notable upward trend in the precious metals market.
USD Price Reverses Upward
During the week of November 17–21, 2025, the USD price surged dramatically on the international market, reversing its previous trend following the release of the U.S. September jobs report.
Gold Bar and Ring Prices Rebound on November 22nd Morning
This morning, the price of SJC gold bars surged by 600,000 VND per tael across major gold retailers, compared to yesterday’s closing session. Similarly, the price of gold rings at Bao Tin Minh Chau and SJC Company also saw a 600,000 VND per tael increase in both buying and selling rates.
Gold Bar Prices Surge by VND 1.7 Million per Tael, Ring Gold Also Rises on November 19th Afternoon
Global gold prices rebounded after three consecutive sessions of decline. Domestically, gold bar prices surged by 1.7 million VND per tael, while gold ring prices rose between 500,000 and 1.5 million VND per tael.
Bitcoin Plummets to $92,500, Shedding 27% from Peak
Bitcoin plummeted to a fresh six-month low on November 17th, extending its multi-week decline as sentiment in the cryptocurrency market continued to sour.
