Dollar inches up against dong

By Minh Hieu   March 28, 2024 | 10:13 pm PT
Dollar inches up 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 strengthened slightly against the Vietnamese dong Friday morning.

Vietcombank sold the dollar at VND24,980, up 0.12% from Thursday.

The greenback slid 0.14% to VND25,460 on the black market.

The State Bank of Vietnam (SBV) kept it reference rate steady at VND24,003.

It has increased against the dong by 2.29% since the beginning of the year.

Globally, the dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end, Reuters reported.

The Japanese currency was also modestly weaker at 151.38 per dollar having traded just shy of the 152 mark at its weakest since 1990 on Wednesday.

The euro reached $1.0775, its lowest in five weeks, and was last down 0.34% at $1.0789.

The dollar index rose 0.1% to 104.52, after earlier touching 104.73, its highest since mid-February.

go to top