Market

USD exchange rate today May 9: Slight increase, close to 100 mark

Quoc DuongMay 9, 2025 04:00

USD exchange rate today 5/9/2025: The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, edged up slightly during the trading session to 99.92

World USD exchange rate on May 9, 2025

The US Dollar Index (DXY) briefly touched 100.00, benefiting from optimism surrounding news of a new trade deal between the US and the UK. However, according to many analysts, the deal seems to be largely symbolic, as the UK is not a major trade deficit partner for the US, and the specific terms remain vague.

Experts warn that this may only be a deal in principle or a temporary exchange of goods, not enough to create a major economic impact.

The 10% tariff imposed by the US on UK goods will remain in place, despite the announcement of a trade deal, CNN reports.

The market is also reacting to news that the Trump administration is considering lifting chip export restrictions that the previous administration had imposed on major tech companies such as ASML, AMD and Nvidia. This news pushed Nasdaq futures higher before the market opened.

President Trump continued to draw attention when he criticized Fed Chairman Jerome Powell on the social network Truth, calling him a “fool” for not acting sooner to cut interest rates, despite the fact that energy and food prices are very low, according to him. Trump asserted that tax money is pouring into the US, claiming that the Fed has responded too slowly.

In the labor sector, the number of weekly unemployment claims in the US continued to decline, showing that the job market remains quite stable. Specifically, the number of initial claims was only 228,000, lower than forecast, while the number of continued claims fell to 1.879 million.

At the time of writing, President Trump’s speech on the trade deal with the UK has not yet begun. US and European stocks are trending slightly lower after earlier gains, as markets are cautious about the specifics of the deal. European stocks are up about 0.5%, while US indexes are up less than 0.5%.

According to the CME FedWatch tool, the probability of the Fed cutting interest rates at the June meeting is only 20.2%, while the possibility of cutting interest rates at the end of July is 66.4%. The yield on the 10-year US government bond remained stable around 4.31%, almost unchanged after the news about the Fed and the trade deal.

Tỷ giá USD hôm nay 9/5: Tăng nhẹ sát mốc 100

Domestic USD exchange rate today

In the domestic market, at the beginning of the trading session on May 9, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,927 VND, down 3 VND compared to yesterday.

In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 9, 2025 decreased by 20 VND in both directions compared to yesterday's trading session, trading around 26,410 - 26,510 VND/USD.

* The reference exchange rate at the State Bank's transaction office for buying and selling remains unchanged, currently at: 23,731 VND - 26,123 VND.

USD exchange rates at commercial banks for buying and selling are as follows:

USD exchange rate
Buy
Sell ​​out
Vietcombank
25,760 VND
26,150 VND
Vietinbank
25,670 VND
26,180 VND
BIDV
25,790 VND
26,150 VND

VIB Bank is buying US Dollar cash at the lowest price of 25,340 VND/USD

VIB Bank is buying US Dollar transfers at the lowest price of 25,400 VND/USD

OCB Bank is buying US Dollar cash at the highest price of 25,850 VND/USD

OCB Bank is buying US Dollar transfers at the highest price of 25,900 VND/USD

VIB Bank is selling US Dollar cash at the lowest price of 25,760 VND/USD

VIB Bank is selling US Dollar transfers at the lowest price of 25,760 VND/USD

VietinBank is selling US Dollar cash at the highest price of 26,180 VND/USD

OCB Bank is selling US Dollar transfers at the highest price of 26,174 VND/USD

EUR exchange rates at commercial banks for buying and selling are as follows:

EUR exchange rate
Buy
Sell ​​out
Vietcombank
28,678 VND
30,249 VND
Vietinbank
28,510 VND
30,220 VND
BIDV
28,844 VND
30,096 VND

* The Japanese Yen buying and selling rates at the State Bank's Exchange increased slightly, currently at: 165 VND - 182 VND.

Japanese Yen Exchange Rate
Buy
Sell ​​out
Vietcombank
174.56 VND
185.66 VND
Vietinbank
175.17 VND
184.87 VND
BIDV
176.21 VND
184.43 VND

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