Dollar gains slightly against dong

By Dat Nguyen   June 10, 2024 | 09:54 pm PT
Dollar gains slightly against dong
U.S dollar bills. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong Tuesday morning.

Vietcombank sold the greenback at VND25,462, up 0.03% from Monday.

The State Bank of Vietnam’s reference rate was 0.03% higher at VND24,250.

Unofficial exchange points sold the dollar 0.12% higher at VND25,780.

Globally the dollar hovered near a one-month peak against the euro and pushed to a one-week high versus the yen on Tuesday as traders braced for crucial U.S. inflation data and fresh Federal Reserve interest rate forecasts the following day, Reuters reported.

The U.S. currency was supported by higher Treasury yields in the aftermath of surprisingly robust domestic jobs data at the end of last week, which sparked a dramatic paring of bets for Fed rate cuts this year.

The dollar added 0.13% to stand at 157.25 yen early in the Asian day, the highest since June 3.

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