VnExpress International
The most read Vietnamese newspaper
Vietnamese Edition
| Contact us | Follow us on       
Business DataSpeaks Property Markets Companies Economy Exchange rate Money
reddit Print

Dollar slips against dong on black market

By Linh Le   April 29, 2024 | 10:04 pm PT
The U.S. dollar experienced a minor decline against the Vietnamese dong on Tuesday morning.
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung

An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung

The dollar is sold at VND25,640 on the black market, down 0.21% from Monday.

Vietcombank's dollar selling rate remained at VND25,458.

The State Bank of Vietnam (SBV)'s reference rate was unchanged at VND24,246.

Globally, the yen slightly fell by 0.30% to 156.79 against the dollar on Tuesday, after experiencing significant gains on Monday due to what is believed to be intervention by Japanese authorities, Reuters reported.

Earlier in the day, the yen had briefly risen above 157 per dollar.

Japanese authorities have not confirmed any intervention in the currency market to bolster the yen, yet market vigilance for potential intervention remains high as the Federal Reserve's monetary policy review approaches this week.

 
 
go to top