U.S. dollars are seen at a bank in Westminster, Colorado. Photo by Reuters
The U.S. dollar plunged against the Vietnamese dong on the black market Saturday morning after rising among peers the previous day.
It dropped 1.16% to VND25,500 at unofficial exchange points.
Vietcombank kept its rate unchanged at VND25,467.
The State Bank of Vietnam maintained its reference rate at VND24,255.
The greenback has gained 4.2% against the dong since the beginning of the year.
Globally the dollar index rose on Friday, with the greenback set to lock in a fourth straight week of gains after data this week kept interest rate expectations for the Federal Reserve in check while investors looked towards next week’s key payrolls report.
The index, which measures the greenback against a basket of currencies, rose 0.18% to 104.24, and was up 0.74% on the week, with the euro down 0.22% at $1.0803.
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