Dollar rises against dong on black market

The greenback rose 0.29% to VND27,463 at unofficial exchange points. Vietcombank kept its rate steady at VND26,352.

The State Bank of Vietnam maintained its reference rate at VND25,098.

Globally, the U.S. dollar was steady on Friday, on course for a small weekly gain against major rivals as investors braced for delayed inflation data that is unlikely to deter the Federal Reserve from lowering interest rates next week, Reuters reported.

The euro was little changed at $1.160775 but on course for a nearly 0.3% drop for the week. Sterling was flat at $1.3331, headed for a 0.8% weekly decline.

The dollar index, which measures the U.S. currency against six other units, was set for a 0.37% rise for the week. It was last at 98.92. The Japanese yen weakened to a two-week low and last fetched 152.90 per U.S. dollar.

Trade war worries were back on the agenda after U.S. President Donald Trump said all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former President Ronald Reagan spoke negatively about tariffs.

The Canadian dollar eased a touch to 1.4015 per U.S. dollar in Asian hours, but market reaction overall was fairly subdued.