DXY index surpasses 109 threshold

USD exchange rate today, January 9, 2025

As of 5:00 AM on January 9th, the central exchange rate at the State Bank of Vietnam was 24,330 VND/USD, a decrease of 2 VND compared to the previous trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,156 – 25,546 VND/USD, a decrease of 2 VND for both buying and selling rates.

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

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

Hong Leong Bank is buying USD cash at the highest rate: 1 USD = 25,265 VND

VietinBank is currently buying USD transfers at the highest rate: 1 USD = 25,546 VND.

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

HSBC Bank is selling USD transfers at the lowest rate: 1 USD = 25,486 VND.

ABBank, BIDV , Eximbank, GPBank, HDBank, Kien Long, LPBank, MSB, MB, OCB, OceanBank, PGBank, PublicBank, PVcomBank, Sacombank, Saigonbank, SeABank, UOB, VietABank, VietCapitalBank, Vietcombank, and VRB are selling USD cash at the highest rate of: 1 USD = 25,546 VND

ABBank, CBBank, MSB, MB, NCB, PublicBank, Sacombank, SeABank, and VietBank are selling USD transfers at the highest rate of 1 USD = 25,546 VND.

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

1. Agribank – Updated: 09/01/2025 06:30 – Time provided by the website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,210	25,220	25,540
CZ	CZ	25,751	25,854	26,948
GBP	GBP	31,083	31,208	32,166
HKD	HKD	3,201	3,214	3,318
CHF	CHF	27,392	27,502	28,351
rush	rush	156.98	157.61	164.33
AUD	AUD	15,489	15,551	16,054
SGD	SGD	18,277	18,350	18,857
THB	THB	715	718	749
CAD	CAD	17,373	17,443	17,937
NZD	NZD		14,060	14,545
KRW	KRW		16.71	18.43

2. Sacombank – Updated: 24/12/2000 07:16 – Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25222	25222	25546
AUD	AUD	15431	15531	16099
CAD	CAD	17316	17416	17969
CHF	CHF	27427	27457	28330
CNY	CNY	0	3427.2	0
CZK	CZK	0	990	0
DKK	DKK	0	3500	0
CZ	CZ	25731	25831	26704
GBP	GBP	31093	31143	32253
HKD	HKD	0	3271	0
rush	rush	157.46	157.96	164.47
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	14053	0
PHP	PHP	0	412	0
SEK	SEK	0	2280	0
SGD	SGD	18182	18312	19039
THB	THB	0	677.8	0
TWD	TWD	0	770	0
BAD	BAD	8,350,000	8,350,000	8550000
XBJ	XBJ	7900000	7900000	8550000

USD exchange rate today, January 9, 2025. (Illustrative image)

In the "black market," the USD exchange rate as of 5:00 AM on January 9, 2025, is as follows:

Black market on January 9, 2025. Photo: Chogia.vn

Today's USD exchange rate on the world market (January 9, 2025)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 109.03 – up 0.34 points from the trading session on January 8, 2025.

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

The US dollar rose for a second consecutive session on Wednesday as US bond yields continued their recent upward trend, following reports that President-elect Donald Trump is considering using emergency measures to allow the implementation of a new tariff program.

The yield on 10-year US Treasury bonds reached 4.73%, its highest level since April 25, after CNN reported that Trump was considering declaring a national economic emergency to provide a legal basis for a series of general tariffs on allies and adversaries.

Investors are hoping that Trump's policies, such as deregulation and tax cuts, will boost economic growth, but there are also concerns that, along with unconfirmed tariff actions, could cause inflation to accelerate again.

On Monday, the Washington Post reported that Trump was considering more subtle tariffs, which he later denied.

Marc Chandler, chief market strategist at Bannockburn Global Forex in New York, said: “This is consistent with the theme of a strong dollar and even with the disappointing ADP jobs data, the dollar was still stronger that day. This means people shouldn’t be against this, it’s a genuine move and it’s not over yet.”

Previous data on the U.S. labor market has been contradictory, as the ADP national employment report showed that U.S. private payroll growth slowed significantly in December to 122,000, down from 146,000 the previous month. Economists polled by Reuters had forecast an increase of 140,000.

However, weekly initial jobless claims fell to an 11-month low of 201,000, lower than the 218,000 estimate in a Reuters poll of economists.

The dollar index, a measure of the greenback's value against a basket of currencies, rose 0.28% to 109.00, after hitting a more than two-year high of 109.54 last week, while the euro fell 0.2% to $1.0318. The data was released ahead of the crucial monthly US government jobs report on Friday.

The market is currently pricing in just 39 basis points of easing from the Federal Reserve this year, with the first interest rate cut potentially occurring in June.

Federal Reserve Governor Christopher Waller said on Wednesday that inflation will continue to fall into 2025, allowing the U.S. central bank to continue cutting interest rates, although the pace remains uncertain.

The greenback held onto its gains following the release of the Fed's December 17-18 meeting minutes, in which policymakers agreed that inflation is likely to continue slowing this year but also acknowledged increased risks that price pressures could remain difficult as they grapple with the potential impact of Trump's policies.

The pound sterling fell 0.87% to $1.2364 after dropping to $1.2321, its lowest level since April 22 and the second weakest level of the year, even as it coincided with a sharp sell-off in UK stocks and government bonds, with 10-year government bond yields reaching a 16-and-a-half-year high.

Against the yen, the dollar rose 0.25% to 158.41, moving closer to the 160 mark that prompted Japanese authorities to intervene to support the currency.

A government survey showed that Japanese consumer sentiment deteriorated in December, raising doubts about the Bank of Japan's view that robust household spending would bolster the economy and justify further interest rate hikes.

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, 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-09012025-chi-so-dxy-vuot-nguong-109-368644.html