The official-channel USD selling rate fell 20 dong to nearly 26,000 dong on the morning of Oct 22, the lowest since mid-April 2025, with Vietcombank quoting 25,650 to buy and 26,030 to sell and VietinBank 25,647 and 26,026. Private banks such as ACB, Sacombank and Eximbank also cut to near 26,000, almost 2% below the peak above 26,500 dong set three months earlier. The State Bank's central rate is 25,632 dong with a 5% trading band, and free-market exchange points in HCMC trade around 26,000 - 26,100 dong. Techcombank analysts expect the rate to hold near 26,000 through year-end, supported by a rate differential above 3 percentage points even if the Fed raises rates in December, plus foreign capital inflows, FDI and year-end remittances. Buyers of USD for travel, study or debt repayment will pay less, while holders of foreign currency may lose if they convert to dong.
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Original headline: Giá USD ngân hàng xuống thấp nhất một năm rưỡi
Read the original on VnExpress ↗
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