Dollar strengthens against dong

By Minh Hieu   November 27, 2025 | 08:17 pm PT
Dollar strengthens 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 Friday morning while heading for its worst week in four months against major peers.

Vietcombank sold the greenback at VND26,412, a 0.01% increase from Thursday. The currency was firm at around VND27,636 on the black market.

The State Bank of Vietnam raised its reference rate by 0.01% to VND25,155.

Globally, the U.S. dollar was heading for its worst weekly performance since late July on Friday as traders ramped up bets for further monetary easing from the Federal Reserve next month, while liquidity was thinned by the U.S. Thanksgiving holiday, Reuters reported.

The dollar index, which measures the greenback's strength against a basket of six major peers, was last trading up 0.1% at 99.624, recovering some ground after five days of decline pushed it to its worst one-week loss since July 21.

In Asia, the Japanese yen was last trading 0.1% weaker at 156.385 yen as labor market and inflation data firmed up the case for monetary easing in Asia's second-biggest economy.

The euro stood at $1.1600, little changed so far in Asia. Sterling was 0.1% weaker at $1.323 so far on the day, heading for its best weekly performance since early August.

The Australian dollar fetched $0.6536, up 0.1% in early trade, after data showed private sector credit increased 0.7% in October compared with the previous month, accelerating slightly from the prior month's print.

The kiwi traded at $0.5725, edging 0.1% weaker at the end of its biggest one-week surge since late April.

 
 
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