An employee counts American notes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The US dollar appreciated against the Vietnamese dong on the black market Thursday morning while remaining stable in banks.
Unofficial exchanges sold the greenback at 25,591 VND, up 0.04 percent from Wednesday.
Vietcombank kept the dollar unchanged at 24,950 VND.
The State Bank of Vietnam increased its benchmark rate by 0.03% to VND24,005.
The dollar has risen against the dong by 2.17% since the start of the year.
Globally, the yen rose sharply on Thursday, partly due to an overall weaker dollar, but also benefiting from support from expectations of further rate hikes from the Bank of Japan later this year and the raucous efforts of Japanese government officials, Reuters reported.
The yen gained more than 0.5% to 150.46 per dollar, reversing some of its heavy losses following the BoJ’s policy change.
The Australian dollar jumped after data released Thursday showed employment rebounded strongly in February and the unemployment rate fell well below forecasts, indicating a still tight labor market.
The dollar index was little changed at 103.22, after sliding more than 0.5% in the previous trading session.
