Dollar increases slightly against dong

By Dat Nguyen July 14, 2025 | 10:35 pm PT

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters

The U.S. dollar gained little against the Vietnamese dong Tuesday morning as it swings around a three-week peak over global peers.

Vietcombank raised its rate by 0.08% to VND26,310.

On the black market the greenback declined by 0.04% to VND26,420.

Globally the dollar hovered near a three-week high versus major peers on Tuesday as traders awaited the release of U.S. inflation data later in the day that could provide clues on the path for monetary policy, Reuters reported.

The U.S. currency was also buoyed by elevated Treasury yields, with investors weighing a potential exit of Jerome Powell from the Federal Reserve as President Donald Trump continued his criticism of the central bank chairman.

The dollar was little changed at 147.68 yen, after earlier rising to the highest since June 23 at 147.89 yen.

The dollar index, which tracks the currency against the yen and five other major rivals, stood at 98.050, not far below the overnight peak of 98.136, the highest since June 25.