The USD has experienced a significant increase in Vietnam as of June 20, 2026, with local banks adjusting their rates upwards. Over the past week, the USD rose by 17 VND, with Vietcombank reporting a buying rate of 26,090 - 26,120 VND and a selling rate of 26,440 VND. Similarly, ACB's rates were 26,110 - 26,140 VND for buying and 26,440 VND for selling.

Despite a slight decline in the global silver price, the USD has shown resilience, climbing approximately 1% against major currencies and reaching its highest level in 13 months. This surge is attributed to the recent Federal Reserve meeting, where forecasts indicated that 9 out of 19 policymakers expect another interest rate hike before the year's end.

In addition to the USD's strength, the Japanese yen continues to face pressure, trading near its lowest levels in two years. Should the USD/yen exchange rate surpass current levels, the yen could fall to its weakest point in nearly 40 years. The USD briefly reached 161.8 yen, approaching the peak of 161.96 yen set in July 2024.

Market analysts remain cautious, anticipating potential intervention from the Bank of Japan in the foreign exchange market, similar to actions taken in late April and early May. As the situation develops, the USD's performance will be closely monitored, especially in light of ongoing geopolitical tensions between the U.S. and Iran.