US dollar hits one-year low

USD exchange rate today 9/17/2024

USD exchange rate today September 17, 2024, USD VCB decreased by 10 VND, meanwhile, USD

The central VND/USD exchange rate announced by the State Bank of Vietnam (SBV) today is adjusted to 24,137 VND/USD, down 35 VND compared to the trading session on September 16.

Currently, the permitted exchange rate of commercial banks fluctuates from 23,400 - 25,450 VND/USD. The USD exchange rate has also been brought to the buying and selling range of 23,400 to 25,450 VND/USD by the State Bank of Vietnam.

The bank USD exchange rate, foreign exchange rate and domestic USD price this morning recorded a decrease at banks. Specifically, Vietcombank has a buying price of 24,350 and a selling price of 24,720, down 10 VND compared to the selling price compared to the trading session on September 16. The current USD buying and selling prices are in the range of 24,000 - 25,500 VND/USD.

1. VCB - Updated: September 18, 2024 03:29 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
AUSTRALIAN DOLLAR	AUD	16,162.42	16,325.68	16,850.28
CANADIAN DOLLAR	CAD	17,640.04	17,818.22	18,390.79
SWISS FRANC	CHF	28,389.08	28,675.84	29,597.30
YUAN RENMINBI	CNY	3,396.77	3,431.08	3,541.87
DANISH KRONE	DKK	-	3,599.22	3,737.24
EURO	EUR	26,658.53	26,927.81	28,121.69
Sterling Pound	GBP	31,644.12	31,963.76	32,990.87
HONGKONG DOLLAR	HKD	3,077.21	3,108.30	3,208.18
INDIAN RUPEE	INR	-	292.59	304.30
YEN	JPY	169.55	171.26	179.46
KOREAN WON	KRW	16.14	17.94	19.56
KUWAITIAN DINAR	KWD	-	80,455.68	83,676.46
MALAYSIAN RINGGIT	MYR	-	5,690.12	5,814.52
NORWEGIAN KRONER	NOK	-	2,275.83	2,372.57
RUSSIAN RUBLE	RUB	-	258.97	286.69
SAUDI RIAL	SAR	-	6,536.35	6,798.02
SWEDISH KRONA	SEK	-	2,366.68	2,467.29
SINGAPORE DOLLAR	SGD	18,516.05	18,703.08	19,304.08
THAILAND	THB	653.36	725.96	753.80
US DOLLAR	USD	24,400.00	24,430.00	24,770.00

2. Agribank - Updated: 01/01/1970 08:00 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	24,400.00	24,415.00	24,755.00
EUR	EUR	26,803.00	26,911.00	28,029.00
GBP	GBP	31,837.00	31,965.00	32,955.00
HKD	HKD	3,092.00	3,104.00	3,208.00
CHF	CHF	28,550.00	28,665.00	29,564.00
JPY	JPY	170.24	170.92	178.74
AUD	AUD	16,270.00	16,335.00	16,842.00
SGD	SGD	18,632.00	18,707.00	19,262.00
THB	THB	719.00	722.00	754.00
CAD	CAD	17,744.00	17,815.00	18,358.00
NZD	NZD		14,965.00	15,471.00
KRW	KRW		17.85	19.73

3. Sacombank - Updated: 06/08/2001 07:16 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	24440	24440	24790
AUD	AUD	16453	16503	17006
CAD	CAD	17921	17971	18422
CHF	CHF	28921	28971	29524
CNY	CNY	0	3434.9	0
CZK	CZK	0	1060	0
DKK	DKK	0	3713	0
EUR	EUR	27166	27216	27921
GBP	GBP	32201	32251	33004
HKD	HKD	0	3185	0
JPY	JPY	173.1	173.6	179.11
KHR	KHR	0	6,032	0
KRW	KRW	0	18.1	0
LAK	LAK	0	1,023	0
MYR	MYR	0	5887	0
NOK	NOK	0	2368	0
NZD	NZD	0	15080	0
PHP	PHP	0	414	0
SEK	SEK	0	2395	0
SGD	SGD	18837	18887	19443
THB	THB	0	699.5	0
TWD	TWD	0	772	0
XAU	XAU	8000000	8000000	8200000
XBJ	XBJ	7400000	7400000	7800000

In the "black market", the black market USD exchange rate as of 5:30 a.m. on September 17, 2024 is as follows:

Black market on September 17, 2024. Photo: Chogia.vn

USD exchange rate today September 17, 2024 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 101.11 points, down 0.13 points compared to the transaction on September 16, 2024.

USD (DXY) exchange rate developments in recent days (Source: Investing)

The dollar hit its lowest level in more than a year against the yen on Tuesday, as expectations grew that the Federal Reserve could cut interest rates aggressively later this week.

The Fed is expected to announce a rate cut of at least 25 basis points when it concludes its September policy meeting on Wednesday.

But reports in the Wall Street Journal and Financial Times last week have fueled speculation among traders that the central bank could cut rates by a further 50 basis points.

Futures markets are pricing in a 61% chance of a 50 basis point cut, up from around 15% last week.

“ There’s really only one story today and that’s a continuation of what we saw last week: after CPI, the market was comfortable with a 25 basis point rate hike but many suspect the Fed has cooked up a story to bring back a 50 basis point hike,” said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York .

“ The markets have responded accordingly. And in fact, they are still adjusting .”

The dollar traded as low as 139.58 yen during Asian hours, its lowest since July 2023. The dollar was last down 0.10% at 140.690 yen.

The dollar index, which measures the value of the currency against six others including the euro, yen and pound, fell 0.29% to 100.73.

“ I think part of the price action may have been exaggerated due to the fact that China, Japan and South Korea are on holiday today ,” Chandler added.

US Treasury yields have fallen ahead of the highly anticipated Fed meeting, especially as the likelihood of a half-point rate cut is rising.

The benchmark 10-year yield fell 30 basis points in about two weeks. The two-year yield, which is more closely tied to monetary policy expectations, fell 2.5 basis points to 3.5509%, down from about 3.94% two weeks ago.

Investors are also eyeing the Bank of Japan's interest rate decision on Friday, when the bank is expected to keep its short-term policy rate target unchanged at 0.25% after raising rates twice this year.

BOJ board members have indicated that they want to see higher interest rates and a narrowing gap between Japanese and other major currencies has boosted the yen and caused billions of dollars worth of yen-financed carry trades to be canceled.

USD exchange rate on September 17, 2024. Illustration photo

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Hai Ba Trung District, Hanoi

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Ho Chi Minh City:

1. Minh Thu Currency Exchange - 22 Nguyen Thai Binh, District 1, HCMC

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, HCMC

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, District 1, HCMC

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, HCMC

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, HCMC

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, HCMC

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, HCMC

10. 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-1792024-dong-usd-cham-muc-thap-nhat-trong-1-nam-346341.html