Foreign exchange rates, USD/VND exchange rate today August 5: USD recovers after '3 shocks', may only be temporary

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: August 5, 2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	26,000	26,010	26,350
EUR	EUR	29,721	29,840	30,963
GBP	GBP	34,158	34,295	35,279
HKD	HKD	3,270	3,283	3,388
CHF	CHF	31,936	32,064	32,970
JPY	JPY	173.34	174.04	181.42
AUD	AUD	16,630	16,697	17,237
SGD	SGD	19,988	20,068	20,613
THB	THB	785	788	823
CAD	CAD	18,670	18,745	19,268
NZD	NZD		15,243	15,748
KRW	KRW		18.14	19.90

Exchange rate developments in the domestic market

In the domestic market, the record of World and Vietnam Newspaper at 7:30 a.m. on August 5, the State Bank announced the central exchange rate of the Vietnamese Dong at 25,240 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 24,028 VND - 26,452 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,980 VND - 26,370 VND.

Vietinbank: 25,870 VND - 26,380 VND.

Foreign exchange rates, USD/VND exchange rate today, August 5: USD recovers after '3 shocks', may only be temporary. Illustrative photo. (Source: ISC Market)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 98.76.

The USD recovered slightly after three "big shocks" last week: the disappointing July 2025 US jobs report, the resignation of a US Federal Reserve governor and the dismissal of a senior statistics official by US President Donald Trump.

These developments have caused market panic and fueled investor expectations that the Fed will soon cut interest rates.

However, according to analysts, the recovery of the USD may only be temporary, in the context of the US economic outlook gradually showing clear signs of weakening and the policy-making environment remains unstable.

Data released on August 1 showed that US job growth in July was lower than expected, while non-farm payrolls for the previous two months were revised down sharply by 258,000 jobs, a sign that the labor market is weakening rapidly.

“It seems that the US economy is experiencing a slowdown in many areas, as businesses begin to doubt the benefits of policies to reduce dependence on foreign production and procurement. The world is not really optimistic at the moment, even though domestic economic indicators show the possibility that the Fed will step in to support through interest rate cuts,” said Juan Perez, trading director at Monex USA (Washington).

In the afternoon trading session, the USD increased in price against the EUR and Swiss Franc.

Specifically, the EUR decreased 0.1% against the greenback, down to 1.1576 USD.

The dollar rose 0.5% against the Swiss franc to $0.8078. The franc’s decline was not surprising given that Switzerland has just been hit with the highest tariffs in the White House’s global trade policy overhaul.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-58-usd-phuc-hoi-sau-3-cu-soc-co-the-chi-mang-tinh-tam-thoi-323355.html