Dollar rises to new peak over dong

By Dat Nguyen   August 11, 2025 | 09:04 pm PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Dollar rises to new peak over dong
U.S. dollar banknotes are seen in this illustration taken May 4, 2025. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong to a new historic high Tuesday morning while maintaining steadiness globally.

Vietcombank sold the dollar at VND26,430, up 0.11% from Monday.

The State Bank of Vietnam hiked its reference rate by 0.05% to VND25,243.

The dollar went up 0.19% to VND26,500 on the black market.

Globally the U.S. dollar held steady on Tuesday, with markets braced for a key consumer inflation report later in the day that could shape expectations for Federal Reserve interest rate cuts, Reuters reported.

The U.S. dollar index - which measures the currency against six counterparts, including the euro and yen - was steady at 98.497, after advancing 0.5% over the past two sessions.

Prior to that, the dollar had retreated as U.S. President Donald Trump's dovish-leaning pick to replace a Fed governor, and similarly inclined potential candidates for chairman, led traders to increase easing bets.

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