Foreign exchange rates, USD/VND exchange rate today, January 8, recorded the USD recovering, while the EUR continued to decline.
Foreign exchange rate update table - USD exchange rate Agribank today
| 1. Agribank - Updated: January 8, 2025 07:30 - Time of website source supply | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| USD | USD | 25,230 | 25,240 | 25,540 |
| EUR | EUR | 25,840 | 25,944 | 27,040 |
| GBP | GBP | 31,164 | 31,289 | 32,248 |
| HKD | HKD | 3,202 | 3,215 | 3,320 |
| CHF | CHF | 27,512 | 27,622 | 28,478 |
| JPY | JPY | 156.84 | 157.47 | 164.17 |
| AUD | AUD | 15,558 | 15,620 | 16,125 |
| SGD | SGD | 18,291 | 18,364 | 18,872 |
| THB | THB | 715 | 718 | 748 |
| CAD | CAD | 17,394 | 17,464 | 18,872 |
| NZD | NZD | 14,095 | 14,581 | |
| KRW | KRW | 16.66 | 18.36 | |
Exchange rate developments in the domestic market
In the domestic market, according to TG&VN at 7:00 a.m. on January 8, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,332 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: 25,178 - 25,548 VND.
Vietinbank: 25,159 - 25,548 VND.
 |
| Foreign exchange rates, USD/VND exchange rate today, January 8: USD 'recovers'. (Source: CNBC) |
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) increased by 0.43%, currently at 108.68.
The dollar recovered as US economic data showed the job market was generally stable and the service sector remained strong, creating conditions for the US Federal Reserve (Fed) to likely slow down the current rate-cutting cycle.
The greenback also rose to a near six-month peak against the Japanese yen after the U.S. data. The currency was up 0.2% at 157.875 yen.
Earlier, the dollar hit its highest since July at 158.425 yen.
US interest rate futures markets have priced in a 95% chance the Fed will pause rate cuts this month.
Investors are now assessing US President-elect Donald Trump's actual policies on tariffs.
In a contrasting development, the EUR fell 0.4% to $1.0352, extending losses after the economic data.
Investors are now looking ahead to the US non-farm payrolls report due on January 10. A Reuters poll showed that the forecast was for about 160,000 new jobs in December, down from 227,000 new jobs created in November 2024.
Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-81-usd-hoi-suc-300010.html
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