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USD exchange rate today December 20, 2024: USD continues to maintain its upward momentum above the 108 mark

Quoc DuongDNUM_CAZBCZCACE 07:29

USD exchange rate today December 20, 2024: USD continues to maintain an increase of 0.37%, currently at 108.40.

USD exchange rate today in the world

In the US market, the US Dollar Index (DXY), which represents the strength of the USD against a basket of six major currencies (including EUR, JPY, GBP, CAD, SEK, and CHF), increased by 0.37% to 108.40. The greenback is maintaining a two-year high thanks to the policy moves of the US Federal Reserve (Fed).

In the recent trading session, the USD increased slightly when the Fed announced a rate cut and adopted a more cautious strategy in adjusting monetary policy until 2025. In contrast, the Japanese Yen weakened after the Bank of Japan decided to leave interest rates unchanged.

Third-quarter U.S. economic data showed GDP grew at an annual rate of 3.3 percent, beating forecasts, helping the dollar recover from an early decline. The positive news has prompted the Fed to consider more carefully before continuing to ease monetary policy.

Last week, US labor data also showed an unexpected decline, with the number of unemployment claims falling to 220,000. The Fed's decision pushed bond yields higher, causing other currencies around the world to fall sharply on December 18.

The DXY index hit a high of 108.48, surpassing the previous session's peak of 108.18, which was its highest since November 2022. This week sees the final series of policy meetings of 2024 by major central banks.

The Bank of Japan kept interest rates at current levels, sending the yen sharply lower as Governor Kazuo Ueda made no significant moves at a press conference. The dollar rose 1.63% against the yen to 157.55, its highest since July.

“The current monetary policies are all favorable for the dollar,” said Vassili Serebriakov, a foreign exchange strategist at UBS in New York. “The Fed is aggressive, while the Bank of Japan remains dovish, which is a big boost for the greenback.”

The euro fell sharply by 1.34% on December 18, but then recovered slightly by 0.16% to $1.036650. The Bank of England also decided to keep interest rates unchanged at 4.75% at its meeting on December 19. The pound fell by 0.58% to $1.25.

The Canadian dollar hit a four-year low, while the South Korean won fell to a 15-year low. Fed Chairman Jerome Powell stressed that further rate cuts would depend on positive developments in controlling inflation.

In contrast, the currencies of Sweden and Norway recovered slightly. Sweden's Riksbank cut interest rates, while Norway's Norges Bank decided to maintain current rates.

Tỷ giá USD hôm nay 20/12/2024: Đồng USD tiếp tục duy trì đà tăng trên mốc 108

USD exchange rate today in the country

The reference exchange rate of USD at the State Bank of Vietnam is currently at 23,400 VND for buying and 25,450 VND for selling.

The Japanese Yen here also recorded a slight decrease, with the buying and selling rates fluctuating between 149 and 165 VND, down 1 VND compared to before.

Similarly, the EUR exchange rate also decreased, currently the buying and selling rates are listed at 23,953 and 26,475 VND respectively.

On December 20, domestic commercial banks updated foreign exchange rates, reflecting a clear change in the international context.

1.TCB- Updated: 12/20/2024 07:00 - Time of the source website
Foreign currencyBuySell
NameCodeCashTransfer
AUDAUD153631562616259
CADCAD171561742818047
CHFCHF277692813428767
CNYCNY033583600
EUREUR258792613626965
GBPGBP314193179932740
HKDHKD031463348
JPYJPY155159165
KRWKRW0019
NZDNZD01408714677
SGDSGD181951847018995
THBTHB653716769
USDUSD (1.2)2520400
USDUSD (5,10,20)2524000
USDUSD (50,100)252672530025519
1.BIDV- Updated: 19/12/2024 14:24 - Time of the source website
Foreign currencyBuySell
NameCodeCashTransfer
US DollarUSD25,21925,21925,519
DollarUSD(1-2-5)24,210--
DollarUSD(10-20)24,210--
British PoundGBP31,62231,69532,551
Hong Kong DollarHKD3,2143,2203,311
Swiss FrancCHF27,90527,93228,756
Japanese YenJPY157.89158.14166.09
Thai BahtTHB674.7708.27756.22
Australian DollarAUD15,63215,65516,102
Canadian DollarCAD17,39017,41417,899
Singapore DollarSGD18,31718,39218,986
Swedish KroneSEK-2,2572,330
Lao KipLAK-0.891.23
Danish KroneDKK-3,4803,593
Norwegian KroneNOK-2,2042,276
Chinese YuanCNY-3,4433,539
Russian RubleRUB---
New Zealand DollarNZD14,06314,15014,527
Korean WonKRW15.3516.9618.32
EuroEUR25,98226,02327,177
Taiwanese DollarTWD701.45-847.45
Malaysian RinggitMYR5,272.18-5,933.68
Saudi Arabian RiyalsSAR-6,645.376,980.87
Kuwaiti DinarKWD-80,24385,161
SJC gold 1 tael (unit: 1000 VND)XAU--84,100
1.Agribank- Updated: 12/20/2024 07:00 - Time of the source website
Foreign currencyBuySell
NameCodeCashTransfer
USDUSD25,27025,27925,519
EUREUR25,87025,97427,071
GBPGBP31,40631,53232,494
HKDHKD3,2083,2213,326
CHFCHF27,73127,84228,681
JPYJPY160.54161.18168.16
AUDAUD15,53015,59216,079
SGDSGD18,35618,43018,940
THBTHB717720751
CADCAD17,29617,36517,855
NZDNZD14,06614,552
KRWKRW16.8618.47
1.Sacombank- Updated: 03/22/2006 07:16 - Time of website source
Foreign currencyBuySell
NameCodeCashTransfer
USDUSD252652526525519
AUDAUD155371563716207
CADCAD173341743417990
CHFCHF279962802628912
CNYCNY03454.40
CZKCZK010000
DKKDKK035210
EUREUR260542615427029
GBPGBP317093175932872
HKDHKD032710
JPYJPY159.3159.8166.31
KHRKHR06,0320
KRWKRW017.30
LAKLAK01.1220
MYRMYR058760
NOKNOK022290
NZDNZD0142030
PHPPHP04060
SEKSEK022800
SGDSGD183491847919207
THBTHB0682.50
TWDTWD07790
XAUXAU835000083500008410000
XBJXBJ790000079000008410000
1.OCB- Updated: 12/19/2024 16:06 - Time of the source website
Foreign currencyBuySell
NameCodeCashTransfer
US DOLLAR (100.50)USD10025,28625,33625,519
US DOLLAR (20,10,5)USD2025,28625,33625,519
US DOLLAR (1)USD125,28625,33625,519
AUSTRALIAN DOLLARAUD15,57415,72416,788
EUROEUR26,21526,36527,524
CANADIAN DOLLARCAD17,27817,37818,686
SINGAPORE DOLLARSGD18,42318,57319,029
JAPANESE YENJPY159.12160.62165.17
POUND LIVREGBP31,81231,96232,722
GOLDXAU8,208,00008,412,000
CHINESE YUANCNY000
THAILANDTHB000
SWISS FRANCCHF000
SOUTH KOREAN WONKRW000

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USD exchange rate today December 20, 2024: USD continues to maintain its upward momentum above the 108 mark
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