USD/VND exchange rate stabilizes amid anticipation of U.S. inflation data

On August 12, 2026, the USD/VND exchange rate showed stability as markets awaited critical U.S. economic data. The State Bank of Vietnam announced a central exchange rate of 25,516 VND/USD. At the State Bank's exchange trading center, the reference rate was set at 24,291 VND to 26,741 VND.

Commercial banks reported varying rates, with Vietcombank quoting 25,910 VND to 26,320 VND and Vietinbank at 25,755 VND to 26,295 VND. Globally, the US Dollar Index (DXY) remained steady at 99.81 points.

Investors are closely monitoring the upcoming U.S. July Consumer Price Index (CPI) report to gauge future Federal Reserve monetary policy. Following recent weak employment data, market expectations for a September interest rate hike have decreased. A higher-than-expected CPI could revive rate hike expectations, while cooling inflation may weaken the dollar. Additionally, the Japanese Yen and Euro have seen slight fluctuations, and the Reserve Bank of Australia has maintained interest rates at 4.35%.