Dollar strengthens against dong

By Dat Nguyen   July 28, 2025 | 10:05 pm PT
Dollar strengthens against dong
An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar gained slightly against the Vietnamese dong Tuesday morning.

Vietcombank sold the greenback 0.11% higher at VND26,400.

The State Bank of Vietnam hiked its reference rate 0.09% higher at VND25,206.

On the black market the dollar went up 0.04% to VND26,460.

Globally the Indian rupee is likely to open weaker on Tuesday, weighed down by a jump in the dollar index following a steep decline in the euro, as investors digested the implications of the recent U.S.-E.U. trade deal, Reuters reported.

The 1-month non-deliverable forward indicated the rupee will open in the 86.75-86.77 range versus the U.S. dollar, compared with 86.6650 in the previous session.

Asian currencies were mostly nursing modest declines on the day and regional equities were largely weaker.

 
 
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