Dollar steps up against dong

By Dat Nguyen   June 23, 2024 | 08:55 pm PT
Dollar steps up against dong
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The U.S. dollar rose against the Vietnamese dong Monday morning.

Vietcombank sold the dollar at VND25,475, up 0.03% from Sunday.

The State Bank of Vietnam kept its reference rate stable at VND24,245.

The dollar rose 0.08% to VND25,920 on the black market. It has increased against the dong by 4.32% since the beginning of the year.

Globally, the dollar was steady on Monday as traders looked ahead to fresh clues on the U.S. inflation path that will likely influence interest rates, while talk from Japanese authorities did little to temper the yen's decline back the round number of 160, Reuters reported.

The yen weakened to 159.94 per dollar in early trade on Monday, its lowest since April 29, when the yen touched a 34-year low of 160.245 leading to Japanese authorities spending some 9.8 trillion yen to support the currency.

go to top