Dollar gains on black market

By Dat Nguyen   March 20, 2023 | 12:17 am PT
Dollar gains on black market
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. Photo by Reuters/Lee Jae-Won
The U.S. dollar rose on the black market while remained stable at banks on Monday afternoon.

Unofficial exchange points pushed the greenback by 0.42% from Sunday to VND23,720.

Vietcombank kept the dollar unchanged at VND23,750.

Eximbank’s rate remained at VND23,740. Techcombank sold the dollar for VND23,757, down 0.01%.

The State Bank of Vietnam kept its reference rate at VND23,619.

The dollar has gained over the dong by 0.08% since the beginning of the year.

Globally the U.S. dollar index - which measures the currency against six major peers, including the yen and euro - was flat at 103.80, stabilising following last week's 0.7% slide, Reuters reported.

Japan's yen, which is particularly sensitive to long-term Treasury yields, rebounded from losses as steep as 0.6% to last be flat against the dollar as the U.S. 10-year yield fell sharply heading into the start of European trading, reversing an earlier 12 basis-point rise.

The Aussie, which at one point had been up by 0.7% to a nearly two-week top of $0.6743, was last 0.2% lower at $0.6683, sliding back below the closely watched $0.67 mark.

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