Foreign exchange rates, USD/VND exchange rate today January 17: USD 'shakes' due to US economic data, EUR is stable

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: January 23, 2025 04:00 - Time of website source supply
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	24,980	24,990	25,330
EUR	EUR	25,713	25,816	26,902
GBP	GBP	30,471	30,593	31,566
HKD	HKD	3,166	3,179	3,285
CHF	CHF	27,234	27,343	28,215
JPY	JPY	157.78	158.41	165.39
AUD	AUD	15,477	15,539	16,054
SGD	SGD	18,264	18,337	18,863
THB	THB	724	727	759
CAD	CAD	17,243	17,312	17,819
NZD	NZD		14,029	14,524
KRW	KRW		16.78	18.54

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 7:00 a.m. on January 17, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,333 VND, down 5 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,159 - 25,549 VND.

Vietinbank : 25,190 - 25,549 VND

Foreign exchange rates, USD/VND exchange rate today, January 17: USD 'shakes' due to US economic data, EUR is stable. (Source: 123rf)

Exchange rate developments in the world market

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.11% to 108.98.

The US dollar fell as traders digested a slew of economic data to assess the prospects of a US Federal Reserve interest rate cut this year.

US retail sales rose 0.4% in December, according to data from the US Department of Commerce's Census Bureau.

Meanwhile, the number of Americans filing new claims for unemployment benefits rose more than expected last week, but remained at a healthy level, suggesting the labor market remains strong.

Donald Trump returns to the White House next week and analysts predict some of his policies will boost growth while adding to price pressures.

Traders increasingly worried about inflation have been buying stocks, sending the yield on the benchmark 10-year Treasury note down more than 13 basis points.

Treasury yields fell on January 16, after Federal Reserve Governor Christopher Waller said interest rates could still be cut three or four times this year if U.S. economic data shows signs of weakness.

Analysts noted that while US consumer price data was better than expected, it still showed inflation above the Fed's target.

Elsewhere, the euro was steady at $1.029, while the pound fell 0.15% to $1.2226.

The US dollar fell 0.67% against the Japanese yen to 155.43, its lowest level since December 19.