Dollar hits 10-week high against dong

By Dat Nguyen  &nbspOctober 16, 2024 | 11:11 pm PT

A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. Photo by Reuters

The U.S. dollar rose against the Vietnamese dong Thursday morning but remained steady globally.

Vietcombank sold the greenback at VND25,370, up 0.79% from Wednesday, highest since Aug. 3.

The State Bank of Vietnam raised its reference rate by 0.05% to VND24,199.

Unofficial exchange points sold the greenback at VND25,360, up 0.04%.

Globally the Australian dollar charged higher on Thursday after employment numbers beat forecasts for a sixth month, while the dollar held near an 11-week high as it drew additional support from a potential Trump win at the upcoming U.S. election, Reuters reported.

The onshore yuan was steady at 7.1179 per dollar as officials were speaking, while its offshore counterpart was last 0.14% higher at 7.1261 per dollar.

The dollar index was last steady at 103.47, having peaked at 103.60 in the previous session.


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