U.S. one dollar banknotes are seen in this illustration taken Feb. 8, 2021. Photo by Reuters
The U.S. dollar fell against the Vietnamese dong on the black market Saturday.
Unofficial exchange points sold the greenback 0.23% lower at VND25,810. Vietcombank kept its rate unchanged at VND26,255.
Globally the dollar jumped on Friday after data showed that U.S. employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, Reuters reported.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.21% to 99.17, with the euro down 0.12% at $1.1611.
Against the Japanese yen, the dollar strengthened 0.26% to 156.19. The yen has surged this week, however, as traders boost bets on more or faster Bank of Japan interest rate hikes, and it is testing the 155.21 level, which was its high after last month’s U.S.-Japan intervention. If it breaks through that, it will reach its strongest level since May 6.