An employee counts US banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The US dollar fell against the Vietnamese dong on Thursday morning.
Vietcombank sold the dollar at 24,300 VND, down 0.06% from Wednesday.
The State Bank of Vietnam kept its benchmark rate unchanged at 23,977 VND.
The dollar was sold at 24,220 VND on the black market, up 0.08%.
It has risen against the dong by 2.40% since the start of the year.
Globally, the euro stood at its highest level in 15 years against the yen on Thursday on signs of lingering inflation in Europe, while the dollar was compressed in anticipation of consumer data. , inflation and employment which could add to the evidence of a slowing economy. Reuters reported.
The dollar index, although still up more than 1% in August, fell 1% on the week as traders believe that US interest rates may have stopped rising, although they remain high .
“Market expectations that Fed rates have plateaued continue to grow,” analysts at ANZ Bank said.