Dollar edges down on black market

By Dat Nguyen September 10, 2025 | 08:19 pm PT

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado Nov. 3, 2009. Photo by Reuters

The U.S. dollar fell slightly against the Vietnamese dong on the black market Thursday morning.

Unofficial exchange points sold the greenback 0.24% lower at VND26,950.

Vietcombank kept its rate unchanged at VND26,482.

The State Bank of Vietnam’s reference rate was steady at VND25,221.

Globally the dollar stabilized in early Asian trading hours on Thursday after an unexpected drop in U.S. factory-gate prices bolstered expectations the Federal Reserve will cut rates next week and traders awaited U.S. consumer price data due later in the day, Reuters reported.

Against the yen, the dollar was trading flat at 147.41 yen, after data showing Japanese wholesale prices rose 2.7% in the year to August, accelerating from the previous month in a sign of sticky inflationary pressure in the world's fourth-largest economy.

The euro edged upwards to $1.1698 ahead of the European Central Bank's policy meeting later on Thursday, where it is widely expected to keep rates on hold. Analysts said policymakers may strike a more dovish tone to counter a fraught trade and political outlook across the continent.