Dollar rises at banks

By Dat Nguyen   February 5, 2023 | 06:59 pm PT
Dollar rises at banks
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The U.S. dollar went up against dong at banks on Monday after remaining steady for weeks.

Vietcombank sold the dollar at VND23,640 Monday, up 0.08% from Sunday.

TPBank adjusted its rate up 0.11% to VND23,735. The greenback remained stable at Eximbank and Techcombank at VND23,580 and VND23,630, respectively.

The State Bank of Vietnam (SBV)’s increased its reference rate by 0.02% VND23,611.

The dollar is sold at VND23,590 on the black market, up 0.13%.

The dollar has depreciated against the dong by 0.38% since the beginning of the year.

The dollar extended its rally on the yen to a three-week top of 132.60 on Monday amid reports the Japanese government had offered the job of central bank governor to the current deputy, Masayoshi Amamiya, Reuters reported.

The early gains were later pared to 132.29 yen but still helped the dollar hold firm on a basket of currencies at 103.150, having jumped 1.2% on Friday.

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