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USD exchange rate today (January 9): USD continues to increase, closing at 109 - Lang Son Newspaper

Việt NamViệt Nam09/01/2025


USD exchange rate today (January 9): Early morning of January 9, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD decreased by 2 VND, currently at 24,330 VND.

Meanwhile, in the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.46%, currently at 109.00.

USD exchange rate today in the world

The US dollar rose for a second straight session on Thursday, as US bond yields continued their recent rally, following reports that US President-elect Donald Trump is considering using measures to push through new tariffs.

DXY Index volatility chart over the past 24 hours. Photo: Marketwatch
DXY Index volatility chart over the past 24 hours. Photo: Marketwatch

The yield on the 10-year US Treasury note hit 4.73%, its highest level since April 25, after CNN reported that Mr. Trump was considering declaring a national economic emergency to create a legal basis for a series of general tariffs on other countries.

Investors are hoping Mr Trump's policies such as deregulation and tax cuts will boost economic growth, but there are concerns that the move could cause inflation to accelerate again.

Earlier data came from the ADP National Employment Report, which showed U.S. private payroll growth slowed sharply in December, to 122,000 from 146,000 the previous month. Economists polled by Reuters had forecast a gain of 140,000.

However, weekly initial jobless claims fell to an 11-month low of 201,000 and below the 218,000 estimate of economists polled by Reuters.

The DXY index closed the session at 109.00, after hitting a more than two-year high of 109.54 last week, while the euro fell 0.2% to $1.0318.

Markets are currently pricing in just 39 basis points of rate cuts from the Federal Reserve this year, with the first rate cut likely to come in June. Fed Governor Christopher Waller said on January 8 that inflation would continue to decline into 2025, allowing the US central bank to continue cutting rates.

The greenback held on to gains after minutes from the Fed’s December 17-18 meeting showed policymakers agreed that inflation was likely to continue to slow this year but also revealed increased risks of price pressures and the impact of Mr. Trump’s policies.

In contrast, the pound fell 0.87 percent to $1.2364 after falling to $1.2321, its lowest since April 22 and its second-lowest level of the year, as 10-year government bond yields hit a 16-year high.

Against the Japanese yen, the greenback rose 0.25% to 158.41 and moved closer to 160, a key level that would likely force Japanese authorities to intervene to support the currency.

A government survey showed Japanese consumer sentiment deteriorated in December, casting doubt on the Bank of Japan’s view that solid household spending will underpin the economy and its rationale for further interest rate hikes.

USD exchange rate today, January 9: USD continues to increase, closing at 109. Photo: Reuters
USD exchange rate today, January 9: USD continues to increase, closing at 109. Photo: Reuters

USD exchange rate today domestic

In the domestic market, at the beginning of the trading session on January 9, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD decreased by 2 VND, currently at 24,330 VND.

* The reference exchange rate at the State Bank's transaction office remains unchanged, currently at: 23,400 VND - 25,450 VND.

USD exchange rate at commercial banks buy and sell as follows:

USD exchange rate

Buy

Sell

Vietcombank

25,156 VND

25,546 VND

Vietinbank

25,175 VND

25,546 VND

BIDV

25,186 VND

25,546 VND

* The EUR exchange rate at the State Bank's buying and selling exchange center decreased slightly, currently at: 23,917 VND - 26,434 VND.

EUR exchange rates at commercial banks are as follows:

EUR exchange rate

Buy

Sell

Vietcombank

25,582 VND

26,985 VND

Vietinbank

25,807 VND

27,007 VND

BIDV

25,835 VND

27,088 VND

* The Japanese Yen exchange rate at the State Bank's exchange office remains unchanged, currently at: 146 VND - 162 VND.

Japanese Yen Exchange Rate

Buy

Sell

Vietcombank

155.02 VND

164.02 VND

Vietinbank

156.82 VND

164.57 VND

BIDV

156.09 VND

164.58 VND



Source: https://baolangson.vn/ty-gia-usd-hom-nay-9-1-dong-usd-tiep-da-tang-chot-phien-o-moc-109-5034591.html

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