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Dollar falls to 3-week low against dong

By Dat Nguyen   March 5, 2025 | 09:06 pm PT
Dollar falls to 3-week low against dong
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar Thursday dropped against the Vietnamese dong to the lowest since Feb. 14.

Vietcombank sold the greenback 0.19% lower at VND25,630.

The State Bank of Vietnam slashed its reference rate by 0.05% to VND24,738.

Unofficial exchange points sold the greenback 0.21% higher at VND25,885.

Globally the greenback wallowed near a four-month trough against a basket of major peers as U.S. President Donald Trump's administration gave a one-month reprieve on auto import levies to Canada and Mexico, again showing how rapidly the trade landscape can shift, Reuters reported.

The euro was flat at $1.0792 in the Asian morning, after earlier touching $1.0803 for the first time since November 8.

The U.S. dollar index was little changed at 104.31, after easing to 104.25 overnight for the first time since November 8.

 
 
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