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Dollar declines against dong on black market

By Dat Nguyen   November 29, 2024 | 11:15 pm PT
Dollar declines against dong on black market
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar dropped against the Vietnamese dong on the black market Saturday morning.

The greenback fell by 0.23% to VND25,730 at unofficial exchange points.

Vietcombank kept its rate unchanged at VND25,463.

The State Bank of Vietnam maintained its reference rate at VND24,251.

Globally the yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month, Reuters reported.

The dollar was last down 1.27% at 149.62 yen, and earlier dipped to 149.47 yen, the lowest since Oct. 21. It is set for a 3.38% weekly loss against the Japanese currency, the largest since July.

The dollar index fell 0.31% to 105.74, after earlier reaching 105.61, the lowest since Nov. 12.

 
 
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