# The US dollar is at its highest level in two years.

> The US dollar reached its highest level in two years. The State Bank of Vietnam's central rate was 24,343 VND per dollar on January 14, up 2 VND from the prior session. Commercial bank selling rates were around 25,560 VND.

- Date: 2025-01-13 · published 2025-01-13T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/26839-the-us-dollar-is-at-its-highest-level-in-two-years
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer dollar lifts the cost of dollar-priced imports such as feed ingredients for Vietnam and pressures commodity prices globally. The move is incremental rather than a shock.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-04-28 | [Dollar index hits highest level since 2002](https://feedsoft.ai/events/42070-dollar-index-hits-highest-level-since-2002.md) | +0.1% | -0.4% |
| DXY | 2025-02-28 | [USD/VND exchange rate reaches highest level in the past 5 years](https://feedsoft.ai/events/26385-usd-vnd-exchange-rate-reaches-highest-level-in-the-past-5-years.md) | -1.5% | -1.3% |
| DXY | 2024-12-18 | [Dollar index hits two-year high after Fed delivers rate cut](https://feedsoft.ai/events/26849-dollar-index-hits-two-year-high-after-fed-delivers-rate-cut.md) | +0.7% | +1.5% |
| DXY | 2022-09-16 | [The loonie has fallen to its lowest level in almost two years — here's why \| CBC News](https://feedsoft.ai/events/39816-the-loonie-has-fallen-to-its-lowest-level-in-almost-two-years-here-s-why-cbc.md) | +1.0% | +2.8% |
| DXY | 2023-01-01 | [Fed raises interest rates half a point to highest level in 15 years](https://feedsoft.ai/events/38155-fed-raises-interest-rates-half-a-point-to-highest-level-in-15-years.md) | -1.0% | -2.0% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/dong-usd-cao-nhat-trong-2-nam

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.