An employee counts U.S. banknotes at a bank in Hanoi, Nov. 14, 2022. Photo by Read/Thanh Tung
The U.S. dollar rose against the Vietnamese dong Wednesday morning as it slid against some major currencies.
Vietcombank sold the greenback at VND26,110, a 0.19% increase from Tuesday. On the black market, the currency fell 0.14% to around VND26,589.
The State Bank of Vietnam lowered its reference rate by 0.02% to VND25,050.
Globally, the dollar wobbled on Wednesday ahead of the key U.S. non-farm payrolls report due later in the day, after a run of data overnight hinted at a softening in the world’s largest economy, Reuters reported.
Against a basket of currencies, the greenback was down 0.27% at 96.66. The yen was up nearly 0.4% against the dollar at 153.80, building on a 1% rise in the previous session that also saw it rally against other currencies.
Elsewhere, the Australian dollar broke above the key $0.71 level for the first time since February 2023. It traded 0.7% higher at $0.7124.
The euro traded 0.14% higher at $1.1912 while sterling similarly rose 0.14% to $1.3661. The New Zealand dollar was up 0.32% at $0.6063.
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