Dollar slips against dong

By Dat Nguyen   June 12, 2024 | 09:53 pm PT
Dollar slips against dong
An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar fell slightly against the Vietnamese dong Thursday morning.

Vietcombank sold the dollar at VND25,457, down 0.04% to VND25,457.

The State Bank of Vietnam lowered its reference rate by 0.04% to VND24,245.

The dollar gained 0.02% to VND25,785 on the black market.

It has risen 4.16% against the Vietnamese dong since the beginning of the year.

Globally Asian currencies were firm on Thursday against a dollar knocked by softer-than-expected U.S. inflation, save for the yen which remained squeezed ahead of a Bank of Japan meeting and as U.S. policymakers signaled rates would be kept high for a while yet, Reuters reported.

Overnight the euro went up 0.6% and punched above its 200-day moving average, last buying $1.0811.

The Aussie dollar rose 0.9% to $0.6662 and the New Zealand dollar jumped to a five-month high above $0.62 before settling at $0.6183. The yen climbed, but only by about 0.2%.

go to top