Vietcombank sold the greenback at VND26,320, down 0.34% over the weekend. The currency fell 0.65% to around VND25,830 on the black market.
The State Bank of Vietnam raised its reference rate by another 0.1% to VND25,491.
Globally, the U.S. dollar hovered near a two-month low against major currencies on Monday as investors awaited this week’s inflation data for clues on the Federal Reserve’s rate path, Reuters reported.
The dollar index, which tracks the currency against six major peers, was little changed at 99.6, hovering near its lowest level since June 2.
The euro edged higher to $1.1558, hovering near its strongest level since mid-June, while sterling was steady at $1.3490, near a five-week peak. The yen held firm at 157.90 per dollar, having given back some intervention-driven gains.
Data last Friday showed the U.S. economy unexpectedly shed jobs in July and job gains for the prior two months were revised sharply lower, cooling expectations for a Fed rate hike next month.
“The weaker U.S. labor-market signal has pulled down real-rate expectations, extended the dollar decline… but not yet a clean easing story,” Geoff Yu, senior EMEA market strategist at BNY, wrote in a note, adding that perceptions around U.S. inflation data will likely be the biggest factor for currencies this week.