USD turns down, EUR keeps going down

Báo Quốc TếBáo Quốc Tế14/01/2025

Foreign exchange rate, USD/VND exchange rate today, January 14, recorded that after soaring to the highest level in more than two years, peaking at 110.17, USD turned to decrease slightly.


Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: January 14, 2025 07:30 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,190 25,200 25,540
EUR EUR 25,477 25,579 26,665
GBP GBP 30,363 30,485 31,458
HKD HKD 3,195 3,208 3,314
CHF CHF 27,150 27,259 28,119
JPY JPY 157.15 157.78 164.64
AUD AUD 15,307 15,368 15,882
SGD SGD 18,181 18,254 18,771
THB THB 711 714 745
CAD CAD 17,279 17,348 17,852
NZD NZD 13,882 14,376
KRW KRW 16.50 18.19

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 7:00 a.m. on January 14, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,343 VND, an increase of 2 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: 25,170 - 25,560 VND.

Vietinbank: 25,065 - 25,560 VND.

(Nguồn: Getty Images)
Foreign exchange rates, USD/VND exchange rate today, January 14: USD turns down, EUR keeps going down. (Source: Getty Images)

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 0.12% to 109.52.

The dollar cooled. The DXY index briefly surged to its highest level in more than two years, peaking at 110.17 before falling slightly.

US job growth unexpectedly accelerated in December 2024 and the unemployment rate fell to 4.1%, prompting traders to reduce bets on the possibility of the Fed cutting interest rates this year.

With the US inflation report due tomorrow, January 15, any increase in prices would support the Fed to pause future rate cuts. A series of Fed officials will also speak this week.

“With markets now pricing in just over one rate cut by year-end, their reaction to inflation data will also have a relative impact,” said Uto Shinohara, senior investment strategist at Mesirow Currency Management in Chicago. “The more important event is the inauguration of US President-elect Donald Trump this month, after which we will see the impact of Trump’s tariff policies.”

In a reverse move, the EUR fell 0.4% to $1.0208.

Earlier in the session, the common European currency hit its lowest level against the dollar since November 2022.

The pound fell 0.24 percent to $1.2167, after sliding to a 14-month low earlier in the session.

The pound has been under pressure from concerns about rising borrowing costs and growing uncertainty about Britain’s finances, falling 1.8% last week.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-141-usd-quay-dau-giam-eur-giu-nhip-di-xuong-300759.html

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