The US dollar rose higher.

USD exchange rate today, December 25, 2024

As of 5:00 AM on December 25th, the central exchange rate at the State Bank of Vietnam was 24,308 VND/USD, a decrease of 7 VND compared to the previous trading session. The selling price of USD at commercial banks remained unchanged at 25,523 VND/USD. The USD Index (DXY) was 108.14, an increase of 0.07 points compared to yesterday.

Specifically, at Vietcombank , the listed USD exchange rate is 25,193 – 25,523 VND/USD for buying and selling, a decrease of 7 VND compared to the rate announced in the previous session.

At BIDV bank, the USD to VND exchange rate decreased by 2 dong in the buying rate and 7 dong in the selling rate compared to the previous session, currently at 25,228 – 25,523 VND/USD for buying and selling respectively. Meanwhile, Techcombank listed the rate at 25,176 – 25,460 VND/USD, with the buying rate down 14 dong and the selling rate down 70 dong compared to the previous announcement.

At Eximbank, the USD exchange rate on Monday evening was listed at 23,788 – 25,530 VND/USD, unchanged for both buying and selling prices compared to the previous session.

The USD/VND exchange rate on the free market at the end of today decreased by 107 dong in the buying rate and 113 dong in the selling rate, trading around 25,737 – 25,837 dong/USD.

1. Agribank – Updated: 25/12/2024 04:30 – Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,280	25,283	25,523
CZ	CZ	25,941	26,045	27,143
GBP	GBP	31,274	31,400	32,361
HKD	HKD	3,210	3,223	3,327
CHF	CHF	27,780	27,892	28,734
rush	rush	158.10	158.73	165.51
AUD	AUD	15,562	15,624	16,129
SGD	SGD	18,421	18,495	19,007
THB	THB	724	727	758
CAD	CAD	17,376	17,446	17,939
NZD	NZD		14,114	14,600
KRW	KRW		16.80	18.44

2. Sacombank – Updated: 29/11/2009 07:16 – Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25260	25260	25523
AUD	AUD	15506	15606	16173
CAD	CAD	17310	17410	17966
CHF	CHF	27840	27870	28743
CNY	CNY	0	3449.3	0
CZK	CZK	0	1000	0
DKK	DKK	0	3521	0
CZ	CZ	25974	26074	26949
GBP	GBP	31374	31424	32527
HKD	HKD	0	3271	0
rush	rush	158.89	159.39	165.9
KHR	KHR	0	6,032	0
KRW	KRW	0	17.1	0
LAK	LAK	0	1,122	0
MYR	MYR	0	5876	0
NOK	NOK	0	2229	0
NZD	NZD	0	14140	0
PHP	PHP	0	406	0
SEK	SEK	0	2280	0
SGD	SGD	18319	18449	19178
THB	THB	0	689.4	0
TWD	TWD	0	779	0
BAD	BAD	8270000	8270000	8430000
XBJ	XBJ	7,900,000	7,900,000	8430000

USD exchange rate today, December 25, 2024. (Illustrative image)

In the "black market," the USD exchange rate as of 5:00 AM on December 25, 2024, is as follows:

Black market on December 25, 2024. Photo: Chogia.vn

Today's USD exchange rate on the world market (December 25, 2024)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 108.14, up 0.07 points from December 24, 2024.

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

The US dollar edged higher today in thin holiday trading as expectations of a slower pace of interest rate cuts by the US Federal Reserve compared to other global central banks continued to dominate market trends.

The greenback has risen more than 7% since the end of September, partly due to growing expectations that the US economy will grow faster under the policies of President-elect Donald Trump, while severe inflation has dampened expectations about the Fed's aggressiveness in cutting interest rates.

These expectations for the United States contrast with growth forecasts and interest rate views of other global economies and central banks, leading to a widening interest rate differential.

Last week, the Fed projected a more cautious interest rate cut path than the market had anticipated, providing further impetus to US Treasury yields, with the 10-year Treasury yield hitting a seven-month high of 4.629% today.

Joseph Trevisani, a senior analyst at FX Street in New York, said: “Markets are all taking a bit of profit from Christmas thanks to the election and they’re expecting positive things.”

"That's certainly true for the dollar because we've seen a decline in expectations for further interest rate cuts, and as we all know, the most important factor for the money market is the structure of interest rates among central banks."

The US dollar index (DXY), which measures the greenback against a basket of currencies, rose 0.14% to 108.24, while the euro fell 0.15% to $1.0389. The index is on track for its fifth gain in the past six trading sessions.

Trading volume is likely to be low next week as the year draws to a close, with a very light economic calendar and analysts expecting interest rates to be the main driver for the forex market until the US jobs report is released on January 10.

The British pound fell 0.06% to $1.2527.

Against the yen, the dollar rose 0.1% to 157.34 as the Japanese currency remained near the level that recently prompted the Japanese government to intervene to support it.

Minutes from last week's Bank of Japan meeting showed policymakers agreed in October to continue raising interest rates if the economy performed as projected, but some stressed the need for caution given the uncertainty surrounding U.S. economic policy.

Trump's return to the White House has created uncertainty about how his anticipated policies on tariffs, tax cuts, and immigration restrictions might impact policy.

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-25122024-dong-usd-tang-cao-hon-366049.html