Dollar rises against dong – VnExpress International
US dollar bills. Photo by Unsplash/Andrew Dawes
The U.S. dollar rose against the Vietnamese dong Thursday on the black market.
Unofficial exchange points sold the greenback 0.16% higher at VND26,550.
Vietcombank kept its rate unchanged at VND26,391.
Globally the U.S. dollar hovered below a six-week peak on Thursday after pulling back on rising hopes that Washington is nearing a deal with Tehran to end the war in the Middle East, Reuters reported.
The Australian dollar declined following a surprise rise in the unemployment rate to the highest since 2021, which lessened the case for higher interest rates.
The dollar, a traditional safe haven, was down slightly at 158.87 yen in early Thursday trading after falling for the first time in eight sessions against the yen the day before. That pulls it further away from the 160 level viewed as a potential trigger for official currency intervention.
Comments are closed.