Dollar rises against dong on black market

By Dat Nguyen   October 28, 2024 | 09:05 pm PT
Dollar rises against dong on black market
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul Feb.7, 2011. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong on the black market Tuesday morning while staying steady against major peers.

Unofficial exchange points sold the greenback at VND25,820, up 0.47% from Monday.

Vietcombank kept its rate stable at VND25,464.

The State Bank of Vietnam’s reference rate was steady at VND24,252.

The dollar has risen 4.19% against the dong since the beginning of the year.

Globally the dollar drifted not far from a three-month high with one of the Federal Reserve's preferred employment gauges - the JOLTS job openings report - due on Tuesday, ahead of highly anticipated monthly non-farm payrolls data on Friday. U.S. Treasury yields eased from three-month peaks, Reuters reported.

The dollar was little changed against a basket of six major peers, which includes the yen and euro. The dollar index stood at 104.24, after reaching 104.57 overnight, matching the high from Wednesday of last week, a level previously not seen since July 30.

 
 
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