Dollar gains against dong – Read International

The U.S. dollar increased against the Vietnamese dong on Thursday morning.

Vietcombank sold the greenback 0.19% higher at VND25,890.

On the black market the dollar fell 0.08% to VND25,870.

Globally the dollar index, which measures the greenback against ⁠a basket of currencies, rose by 0.15% to 103.02, the highest since April 2025, Reuters reported.

Against the Japanese yen, the dollar reversed an earlier decline to trade 0.04% higher at 159.83, underpinned by wide interest-rate differentials as traders increased bets on further Fed hikes. It hit a more than two-month high earlier on Thursday.

U.S. dollar banknotes are seen in this illustration taken May 4, 2025. Photo by Reuters

The euro was up 0.06% against the U.S. dollar at $1.1096 while sterling slipped 0.1% to $1.3266.

The Australian dollar was little changed versus the greenback at $0.6847, while New Zealand’s kiwi was down 0.05% at $0.5559.

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