The DXY index is at 108.48

USD exchange rate today, January 2nd, 2025

As of 4:30 AM on January 2nd, the central exchange rate at the State Bank of Vietnam was 24,335 VND/USD, unchanged from the previous trading session. The USD Index (DXY) was 108.48, up 0.02 points from yesterday's trading session.

Specifically, at Vietcombank , the USD exchange rate remained unchanged for both buying and selling compared to the previous session, at 25,221 – 25,551 VND/USD.

VietBank is buying USD cash at the lowest rate: 1 USD = 23,633 VND

VietBank is currently buying USD transfers at the lowest rate: 1 USD = 23,653 VND

HSBC Bank is buying USD cash at the highest rate: 1 USD = 25,374 VND

VietinBank is currently buying USD transfers at the highest rate: 1 USD = 25,551 VND.

VRB Bank is selling USD cash at the lowest rate: 1 USD = 24,366 VND

SCB Bank is selling USD transfers at the lowest rate: 1 USD = 25,450 VND.

ABBank,ACB , Agribank, BIDV, Dong A, Eximbank, GPBank, HDBank, Kien Long, LPBank, MSB, MB, NCB, OCB, OceanBank, PGBank, PublicBank, Sacombank, Saigonbank, SeABank, UOB, VietABank, VietCapitalBank, Vietcombank, and VPBank are selling USD cash at the highest rate of: 1 USD = 25,551 VND

ABBank, ACB, CBBank, Dong A, MSB, MB, NCB, OCB, PublicBank, Sacombank, SeABank, and VietBank are selling USD transfers at the highest rate of: 1 USD = 25,551 VND.

USD exchange rates at several banks today. Source: Webgia.com

[WIDGET_MONEY_RATE:::VCB:Agribank:Sacombank:]

USD exchange rate today, January 2nd, 2025. (Illustrative image)

In the "black market," the USD exchange rate as of 5:00 AM on January 2nd, 2025 is as follows:

Black market on January 2nd, 2025. Photo: Chogia.vn

Today's USD exchange rate on the world market (January 2nd, 2025)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 108.48, up 0.02 points from January 1, 2025.

The chart shows the recent performance of the DXY index. Source: Investing.

The US dollar edged higher in the last trading session, while the Japanese yen rose slightly from its five-month low against the greenback, as traders continued to bet on the likelihood that the Federal Reserve will cut interest rates less frequently next year.

Meanwhile, Standard Chartered Bank forecasts that the US dollar will reverse course in 2025, weakening in the first half of the year and strengthening sharply again in the second half, especially as Trump's policies take effect.

The US dollar has appreciated in recent weeks due to expectations of a less dovish US central bank amid inflation remaining above the Fed's annual 2% target. Analysts also expect policies from the administration of President-elect Donald Trump to boost growth and increase price pressures next year.

Fed policymakers this month cut their interest rate forecasts for 2025 to 50 basis points, from 100 basis points, and Fed Chairman Jerome Powell said further cuts to borrowing costs now depend on further progress in lowering inflation.

The DXY index is on track to rise 6.6% this year. The index closed up 0.06%, after reaching a two-year high of 108.54 on December 20th.

Check out these popular places to exchange foreign currency and buy/sell USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop – 27 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

2. Gold and Silver Handicrafts – No. 31 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Shop – 119 Cau Giay Street, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company – 43 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

5. Toan Thuy Store – 455 Nguyen Trai Street, Thanh Xuan District, Hanoi and 6 Nguyen Tuan Street, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - 19 Tran Nhan Tong Street, Hai Ba Trung District, Hanoi

7. Chinh Quang Store – 30 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store – 47 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

9. Huy Khoi Store – 19 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

10. The system of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Check out these popular foreign currency exchange and USD buying/selling locations in Ho Chi Minh City:

1. Minh Thu Foreign Exchange – 22 Nguyen Thai Binh Street, District 1, Ho Chi Minh City

2. Kim Mai Gold Shop – 84 Cong Quynh Street, District 1, Ho Chi Minh City

3. Kim Chau Gold Shop – 784 Dien Bien Phu Street, Ward 10, District 10, Ho Chi Minh City

4. Saigon Jewelry Center – 40-42 Phan Boi Chau Street, District 1, Ho Chi Minh City

5. Kim Hung Foreign Exchange Agency – 209 Pham Van Hai Street, Binh Chanh District, Ho Chi Minh City

6. DOJI Jewelry Store – Diamond Plaza Le Duan, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

7. Kim Tam Hai Shop – 27 Truong Chinh Street, Tan Thoi Nhat Ward, District 12, Ho Chi Minh City

8. Bich Thuy Gold Shop – No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, Ho Chi Minh City

9. Ha Tam Gold Shop – 2 Nguyen An Ninh Street, Ben Thanh Ward, District 1, Ho Chi Minh City

10. The system of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

Source: https://congthuong.vn/ty-gia-usd-hom-nay-02012025-chi-so-dxy-o-muc-10848-367420.html