Dollar drops at unofficial exchange points

By Reuters   January 11, 2023 | 10:56 pm PT
Dollar drops at unofficial exchange points
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The U.S. dollar fell against the Vietnamese dong on the black market Thursday morning but remained stable at banks.

Unofficial exchange points sold the dollar at VND23,485, down 0.7% from Wednesday.

Vietcombank kept its rate unchanged at VND23,610.

Eximbank maintained the rate at VND23,580, while Techcombank sold the greenback 0.01% lower at VND23,607.

The State Bank of Vietnam kept the same reference rate at VND23,605.

The U.S. dollar index dipped 0.1%, while benchmark U.S. 10-year Treasury yields also fell. A weaker dollar makes greenback-priced bullion more appealing to other currency holders, Reuters reported.

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