Dollar inches up against dong

By Dat Nguyen   May 22, 2024 | 08:55 pm PT
Dollar inches up against dong
An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar rose slightly against the Vietnamese dong Thursday morning.

Vietcombank sold the dollar at VND25,470, up 0.02% from Wednesday.

The State Bank of Vietnam kept its reference rate stable at VND24,245.

The dollar went up 0.04% to VND25,740 on the black market.

The dollar has increased against the dong by 4.30% since the beginning of the year.

Globally the dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials, Reuters reported.

Sterling held its ground at $1.2723, following a surge to as high as $1.27610 on Wednesday for the first time since March 21 as sticky inflation crushed bets for a June cut by the Bank of England.

go to top