Dollar dips slightly against dong

By Dat Nguyen   January 3, 2023 | 09:03 pm PT
Dollar dips slightly against dong
An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar slipped marginally against the Vietnamese dong Wednesday morning.

Vietcombank sold the dollar at VND23,670, down 0.08% from Tuesday.

The rate at Techcombank was at VND23,695, down 0.02%.

Eximbank sold the greenback 0.08% higher at VND23,680.

The State Bank of Vietnam set its reference rate at VND23,603, down 0.01%.

Most unofficial exchange points maintained the rate at VND23,800, same as Tuesday.

The U.S. dollar index rose 1% on Tuesday to 104.73, mostly due to the euro's drop, and it eased a little on Wednesday to 104.47, Reuters reported.

Headline German CPI fell to an annual 8.6% in December, from 10% the previous month, against expectations for 9.1%, data on Tuesday showed, knocking the euro and rallying bunds.

The euro had lost 1% overnight, its sharpest drop in more than two months, following a larger-than-expected drop in German inflation, but it edged up from three-week lows to $1.0566 in Asia trade.

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