Dollar inches lower against dong on black market

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

The U.S. dollar dropped against the Vietnamese dong on the black market Saturday morning.

Unofficial exchange points sold the greenback 0.18% lower at VND27,190.

Vietcombank kept its rate unchanged at VND26,318.

Globally the pound headed for a fourth daily loss against the dollar on Friday after weak U.K. economic data, while concerns about the economic impact of the conflict in the Middle East drove investors into the greenback, Reuters reported.

The pound was last down 0.51% on the day against the dollar at $1.3273.

The euro rose 0.13% to 86.37 pence after hitting 86.18 pence on Thursday, its lowest since early February.


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