The price of USD on the "black market" has decreased.

Today's USD exchange rate (January 16, 2025) shows stability in the central exchange rate at the State Bank of Vietnam and the selling price of USD at some major commercial banks. The announced selling price is 25,338.

USD exchange rate today, January 16, 2025

As of 5:00 AM on January 16th, the central exchange rate at the State Bank of Vietnam was 24,338 VND/USD, a decrease of 8 VND compared to the previous trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,164 - 25,554 VND/USD, a decrease of 9 VND in both the buying and selling rates compared to yesterday.

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

HSBC Bank is buying USD cash at the highest rate: 1 USD = 25,274 VND

VietinBank is currently buying USD transfers at the highest rate: 1 USD = 25,554 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 = 25,502 VND

GPBank, Saigonbank, and VietCapitalBank are selling USD cash at the highest rate of 1 USD = 25,563 VND.

ABBank,ACB , CBBank, Dong A, MSB, MB, NCB, PublicBank, Sacombank, SeABank, and VietBank are selling USD transfers at the highest rate of: 1 USD = 25,554 VND.

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

1. Agribank - Updated: 16/01/2025 14:30 - Time of website update
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,200	25,205	25,545
CZ	CZ	25,596	25,699	26,787
GBP	GBP	30,456	30,578	31,553
HKD	HKD	3,194	3,207	3,314
CHF	CHF	27,277	27,387	28,254
rush	rush	158.53	159.17	166.15
AUD	AUD	15,501	15,563	16,080
SGD	SGD	18,230	18,303	18,823
THB	THB	715	718	749
CAD	CAD	17,385	17,455	17,964
NZD	NZD		14,031	14,526
KRW	KRW		16.68	18.41

2. Sacombank - Updated: 19/11/2002 07:16 - Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25180	25180	25549
AUD	AUD	15407	15507	16074
CAD	CAD	17325	17425	17980
CHF	CHF	27421	27451	28339
CNY	CNY	0	3426.8	0
CZK	CZK	0	990	0
DKK	DKK	0	3500	0
CZ	CZ	25672	25772	26647
GBP	GBP	30478	30528	31640
HKD	HKD	0	3271	0
rush	rush	159.56	160.06	166.57
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	14026	0
PHP	PHP	0	412	0
SEK	SEK	0	2280	0
SGD	SGD	18169	18299	19025
THB	THB	0	678.1	0
TWD	TWD	0	770	0
BAD	BAD	8480000	8480000	8680000
XBJ	XBJ	7,900,000	7,900,000	8680000

In the "black market," the USD exchange rate as of 5:00 AM on January 16, 2025, increased by 1 dong in the buying rate and decreased by 9 dong in the selling rate compared to yesterday's trading session, trading around 25,624 - 25,724 dong/USD.

Black market on January 16, 2025. Photo: Chogia.vn

Today's USD exchange rate on the world market (January 16, 2025)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 109.13 - down 0.062 points from the trading session on January 15, 2025.

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

The US dollar has narrowed some of its losses against other major currencies but remains weaker as colder-than-expected data has eased concerns about accelerating inflation and increased the likelihood that the Federal Reserve could cut interest rates twice this year.

The Bureau of Labor Statistics reported that consumer prices rose 2.9% in the 12 months to December, in line with economists' expectations. Core inflation, excluding food and energy prices, was as expected, but lower than the previous month.

The decline in the producer price index, along with the producer price data released on Tuesday, caused the dollar to fall immediately.

The US dollar index, which measures the greenback against six other currencies, fell 0.1% to 109.07. The index had reached a 26-month high of 110.17 on Monday.

Joseph Trevisani, a senior analyst at FX Street in New York, said: "Lower inflation data is a signal for traders to cut some of their long positions in the USD."

Trevisani argues that the Fed will be very cautious about further interest rate cuts until there is absolute certainty that inflation will fall again. He disagrees.

With President-elect Donald Trump returning to the White House next week, analysts expect some of his policies to boost growth as well as increase price pressures.

John Velis, head of macro and foreign exchange strategy for the Americas at BNY Markets, said that going forward, the market will be watching future inflation reports to see if they confirm the slow pace of deflation.

But he added that the incoming administration could enact policies that would upset many fundamental expectations in the first half of the year.

Velis said: "We expect the Fed to hold its position on January 29 and not to cut interest rates again until later this year, depending on the development of deflation."

Meanwhile, the US dollar fell 0.93% against the Japanese yen to 156.49 yen.

The yen appreciated after comments from Bank of Japan Governor Kazuo Ueda that the central bank would raise interest rates and adjust the level of monetary support if the economy and price conditions continued to improve.

Meanwhile, falling UK inflation has provided relief to the pound. Data showed inflation slowed unexpectedly last month and core measures of price growth – tracked by the Bank of England – fell more sharply – welcome news for Chancellor Rachel Reeves after a market sell-off.

The British pound recently rose 0.1% to $1.2229 against the US dollar, while the euro fell 0.15% to $1.0299.

"The strength of the USD won't end because of this (CPI) figure," said Peter Vassallo, FX portfolio manager at BNP Paribas Asset Management. "It will probably become more subtle and we could see the USD continue to be strong against European currencies, but not as strong against the Yen."

The Israeli shekel rose as much as 0.8% against the dollar, reaching a one-month high and gaining 0.4% to 3.61 shekels per dollar, following a ceasefire agreement in Gaza on Wednesday. International government bonds issued by Israel and Jordan also rose after the news.

Attention is also focused on China, where the domestic yuan remained unchanged for the day and is currently at 7.3319 yuan to 1 USD, generally maintaining a weak trend despite more frequent official adjustments than expected and signs of tightening in the domestic currency market.

USD exchange rate today, January 16, 2025. (Illustrative image)

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

1. Quoc Trinh Ha Trung Gold Shop - No. 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-16012025-gia-ban-usd-cho-den-giam-369760.html