Dollar’s fall against dong continues

By Dat Nguyen   September 15, 2025 | 08:52 pm PT
Dollar’s fall against dong continues
U.S. dollar banknotes are displayed in this illustration taken, Feb. 14, 2022. Photo by Reuters
The U.S. dollar dropped against the Vietnamese dong Tuesday morning, extending its decline in recent days, amid a plunge on the global market.

Vietcombank sold the greenback 0.03% lower at VND26,468.

The State Bank of Vietnam’s reference rate was down 0.03% to VND25,208.

On the black market the dollar declined 0.04% to VND26,540.

Globally the dollar traded near a two and a half month low against the euro and close to a 10-month trough versus the risk-sensitive Aussie on Tuesday as investors cemented bets for a Federal Reserve interest rate cut this week and more to follow, Reuters reported.

The greenback changed hands just shy of a more than two-month low on the British pound with U.S. President Donald Trump renewing calls for aggressive monetary easing.

The euro was little changed early in Asia's morning, changing hands at $1.1765, not far from last Tuesday's high of $1.1780, a level that had not been seen since July 28.

Sterling was steady at $1.3605 after reaching $1.3621 in the previous session for the first time since July 8.

 
 
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