Dollar weakens against dong

By Dat Nguyen   December 11, 2022 | 08:50 pm PT
Dollar weakens against dong
Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico January 15, 2018. Photo by Reuters/Jose Luis Gonzalez
The U.S. dollar continued to depreciate against the dong on the black market Monday.

It plunged 0.86% to VND24,220 at unofficial exchange points.

The greenback fell 0.19% to VND23,825 at TPBank, and dropped 0.32% to VND23,713 at Vietinbank.

Eximbank sold the dollar at VND23,740, up 0.17%.

The rate at Techcombank was VND23,750, up 0.04%. It stayed unchanged at Vietcombank.

The State Bank of Vietnam (SBV)’s set the reference rate is at VND23,655, down 0.01%.

The dollar has gained 3.40% against the dong since the beginning of the year.

The U.S. Dollar Index, which measures the greenback’s strength against major currencies, hovered around a three-month low of 105 points.

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