The USD/VND exchange rate today (November 10) in the free market is trading at 27,751 – 28,030 VND/USD, down 179 VND for buying and 149 VND for selling compared to yesterday morning.

USD/VND exchange rate today (November 10) world under pressure to decrease

In the world, the USD Index – a measure of the strength of the USD compared to 6 key currencies (EUR, JPY, GBP, CAD, SEK, CHF) opened the new week at 99.5 points.

DXY index development. Source: sbv.

This week, the market continues to monitor the US economic developments, as investors try to assess the impact of the US Federal Reserve’s (Fed) hawkish monetary policy, the federal government shutdown and newly released macroeconomic data.

The US government shutdown, which has become the longest in the country’s history, has raised concerns about the outlook for economic growth and triggered a fresh wave of sell-offs in the greenback, which is seen as a key factor in weakening the USD amid a cautious market sentiment.

Meanwhile, the Fed’s monetary policy continues to be in the spotlight, with several Fed officials giving cautious comments over the past week, reflecting internal divisions over expectations for the path of interest rates in the coming period.

Some say it is too early to consider further rate cuts when inflation remains high, but others warn that maintaining tight policy for too long could hamper the economic recovery. The lack of economic data, due to the government shutdown, has further complicated the policy debate.

“The lack of government data is clouding the outlook for the Federal Reserve,” financial market analyst Lewis Krauskopf told Reuters. “The Fed is currently on the fence about whether to cut interest rates again at its next policy meeting in December.

After the central bank eased another 0.25 percentage point at its second consecutive meeting on October 29, Fed Chairman Jerome Powell said further rate cuts were not a certainty.

Fed funds futures late last week were pricing in a roughly 65% ​​chance of a rate cut in December. Before Jerome Powell’s comments in October, investors had viewed such a rate cut as almost a done deal.

USD/VND exchange rate today (November 10) domestically

The central exchange rate this morning was listed by the State Bank at 25,106 VND/USD, up 3 VND compared to the closing price last week.

According to the +/-5% amplitude, the ceiling and floor exchange rates that commercial banks are allowed to trade are from 23,850 – 26,361 VND/USD.

The reference exchange rate between Vietnamese Dong and foreign currencies at the Foreign Exchange Management Department is at 24,898 – 26,308 VND/USD, unchanged from the end of last week.

Central rate announced on November 10. Source: sbv.

Today’s USD/VND exchange rate is updated at commercial banks such as Vietcombank, which is listing the USD price at 26,091 – 26,361 VND/USD, up 3 VND in both directions compared to yesterday morning.

Similarly, the “big guy” BIDV is currently buying at 26,120 and selling at 26,361 VND/USD, an increase of 2 VND for buying and 3 VND for selling compared to yesterday morning.

Update at some private banks: Techcombank listed the USD buying/selling prices at 26,046 – 26,361 VND/USD, respectively, up 2 VND for buying and 3 VND for selling.

Meanwhile, ACB is listing the USD price at 26,100 – 26,361 VND/USD, unchanged in the buying price and up 3 VND in the selling price compared to yesterday morning.

Updated USD price today in the free market is trading at 27,751 – 28,030 VND/USD, down 179 VND for buying and 149 VND for selling compared to yesterday morning.

The State Bank flexibly manages exchange rates

The report of the Ministry of Finance at the regular Government meeting in October 2025 stated that the State Bank has proactively and flexibly managed exchange rates and strengthened measures to control the gold market, contributing to stabilizing the macro-economy, controlling inflation and ensuring domestic supply and demand of foreign currency and gold in the face of complicated developments in the international market.

Accordingly, since the beginning of the year, exchange rates and foreign exchange markets have been under great pressure from international fluctuations, especially the upward trend of the USD and fluctuations in global capital flows.

Faced with the above situation, the State Bank has flexibly managed exchange rates, synchronously combining monetary policy tools and foreign currency intervention when necessary to stabilize the market, contribute to curbing inflation and maintaining macroeconomic stability.

According to data from the Ministry of Finance, the USD price index in October 2025 decreased by less than 1% compared to the previous month, but still increased by more than 5.5% compared to the same period in 2024 and increased by 3.6-3.7% compared to the end of 2024. On average, in the first 10 months of 2025, the USD price index increased by about 3.9-4% compared to the same period last year.