U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul Feb. 7, 2011. Photo by Reuters
The U.S. dollar fell slightly against the Vietnamese dong on the black market Saturday morning after reaching a six-month peak globally.
Unofficial exchange points sold the dollar at VND25,755, down 0.17% lower from Friday.
Vietcombank kept its rate unchanged at VND25,558.
The State Bank of Vietnam’s reference rate remained steady at VND24,341.
The dollar has risen 0.8% against the dong since the beginning of this month.
Globally the U.S. dollar rallied on Friday after data showed the world’s largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month, Reuters reported.
The greenback also extended gains following a report that showed U.S. consumer inflation expectations for the next year and beyond jumped in January.
The dollar rose to its highest since July against the yen after the data, before turning lower on the day. It was last down 0.1% at 157.845 yen.
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