Dollar edges up against dong on black market

By Dat Nguyen   October 17, 2026 | 12:11 am PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Dollar edges up against dong on black market
A close-up of a dollar bill. Photo by Pixabay/amrothman
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.

The greenback inched up 0.15% to VND26,000 at unofficial exchange points. Vietcombank kept its rate unchanged at VND26,080.

Globally the dollar was lower on Friday and on track for its first weekly fall in more than a month against the euro and the yen, reflecting fading expectations for a Federal Reserve rate hike ‌and lingering concerns about an AI-driven equity selloff, Reuters reported.

"What I found most interesting [on Friday] and more broadly this week, is how closely the dollar has been ⁠tied to the AI trade," said Matt Weller, global head of market research at StoneX in Michigan.

"Usually if we see a sell off in tech stocks you would expect the greenback to get a safe-haven bid. We are seeing an element of that into bonds, but the dollar is actually falling."

The dollar index, which measures it against six major peers, fell 0.17% to 101.87 and was set for a 0.35% weekly drop.

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