DXY index above 109 mark

USD exchange rate today 13/01/2025

At the time of survey at 4:00 a.m. on January 13, the central exchange rate at the State Bank was currently 24,341 VND/USD, unchanged from the previous trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,168 - 25,558 VND/USD, unchanged in both buying and selling compared to yesterday.

TPB Bank is buying USD cash at the lowest price: 1 USD = 24,390 VND

TPB Bank is buying USD transfers at the lowest price: 1 USD = 24,430 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 25,273 VND

VietinBank is buying USD transfers at the highest price: 1 USD = 25,558 VND

TPB Bank is selling USD cash at the lowest price: 1 USD = 24,870 VND

HSBC Bank is selling USD transfers at the lowest price: 1 USD = 25,501 VND

ABBank, BIDV , Kien Long, LPBank, MSB, OceanBank, PGBank, PublicBank, PVcomBank, Sacombank, Saigonbank, SeABank, UOB, VietCapitalBank, Vietcombank, VRB are selling USD cash at the highest price: 1 USD = 25,558 VND

ABBank, MSB, NCB, PublicBank, Sacombank, SeABank, VietBank are selling USD transfers at the highest price: 1 USD = 25,558 VND

USD exchange rate at some banks today. Source Webgia.com

1. Agribank – Updated: 01/13/2025 04:00 – Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,200	25,210	25,550
EUR	EUR	25,613	25,716	26,830
GBP	GBP	30,616	30,739	31,716
HKD	HKD	3,197	3,210	3,317
CHF	CHF	27,304	27,414	28,282
JPY	JPY	156.94	157.57	164.43
AUD	AUD	15,409	15,471	15,987
SGD	SGD	18,221	18,294	18,813
THB	THB	716	719	750
CAD	CAD	17,312	17,382	17,888
NZD	NZD		13,959	14,454
KRW	KRW		16.66	18.37

2. Sacombank – Updated: June 15, 2006 07:16 – Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25176	25176	25558
AUD	AUD	15339	15439	16002
CAD	CAD	17255	17355	17909
CHF	CHF	27366	27396	28278
CNY	CNY	0	3424.4	0
CZK	CZK	0	990	0
DKK	DKK	0	3500	0
EUR	EUR	25678	25778	26651
GBP	GBP	30684	30734	31851
HKD	HKD	0	3271	0
JPY	JPY	157.63	158.13	164.66
KHR	KHR	0	6,032	0
KRW	KRW	0	17.1	0
LAK	LAK	0	1.122	0
MYR	MYR	0	5820	0
NOK	NOK	0	2229	0
NZD	NZD	0	13947	0
PHP	PHP	0	412	0
SEK	SEK	0	2280	0
SGD	SGD	18159	18289	19010
THB	THB	0	677.9	0
TWD	TWD	0	770	0
XAU	XAU	8450000	8450000	8620000
XBJ	XBJ	7900000	7900000	8620000

In the "black market", the black market USD exchange rate as of 4:00 a.m. on January 13, 2025 decreased by 10 VND in both buying and selling directions, trading around 25,700 - 25,780 VND/USD.

Black market on January 13, 2025. Photo: Chogia.vn

USD exchange rate today January 13, 2025 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 109.65 – unchanged from January 12, 2025.

DXY index developments in recent times. Source Investing

The US dollar rose on Friday after US employment data beat expectations. The US Department of Labor reported that the world's largest economy added 256,000 jobs in December, far exceeding economists' forecasts of 160,000. The data reinforced expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.

The dollar's rise was also supported by another report that showed that US consumers' inflation expectations rose sharply in January. Specifically, inflation expectations over the next 12 months jumped to 3.3%, the highest level since May, compared to 2.8% in December. This contributed to the increase in the value of the dollar, especially after the forecast of inflation increased, thereby reinforcing expectations that the Fed will not cut interest rates in the near future.

The dollar hit its highest level against the Japanese yen since July before retreating slightly. The dollar’s rally began after the Labor Department reported that the U.S. economy added 256,000 jobs in December, well above economists’ expectations. However, the November figure was revised down to 212,000. The unemployment rate also fell to 4.1%, below expectations of 4.2%, while average hourly earnings rose 0.3% in December.

The US dollar has enjoyed a strong rally in five of the past six weeks against the Japanese yen, ending the week up 0.4%.

In addition, the DXY index surpassed the 109.19 mark, extending its upward momentum to January 9 and 10, increasing by 0.46% and 0.1% respectively - when US Treasury bond yields have tended to increase with the 10-year bond in 8 months at 4.73% (the highest level), the economic recovery and tariffs have raised concerns about rising inflation.

The dollar ended the week up 0.46% at 109.65, reinforcing expectations that the Fed will pause its rate-cutting cycle at its policy meeting later this month. Following the Labor Department's employment data, interest rate futures markets have fully priced in a pause in the Fed's easing cycle at its January meeting.

Policymakers raised fresh concerns about inflation in minutes of the Fed's December meeting, warning that the new administration's plans could slow economic growth and increase unemployment.

“The strength of the labor market is expected to give the Federal Reserve more room to hold off on rate cuts this year,” said Peter Nurse, a financial market analyst at Investing.com. Concerns about a labor market downturn are one of the main drivers of the Fed’s 1% rate cut in 2024.

But the central bank downgraded its outlook for rate cuts through 2025, citing concerns about stubborn inflation. Minutes of the Fed’s December meeting, released on Wednesday, also showed policymakers were concerned about the inflationary impact of protectionist policies under President Donald Trump.