Friday , June 21 2024

Dollar drops to one-week low against dong

The U.S. dollar fell against the Vietnamese dong Tuesday morning, having declined in recent sessions after surging since the end of June.

Vietcombank sold the dollar at VND23,800, down 0.08% from Monday.

Eximbank sold the greenback at VND23,670, and Techcombank VND23,810. Both rates were unchanged from Monday.

The State Bank of Vietnam’s reference rate was at VND23,787, down 0.1%.

Unofficial exchange points sold the greenback at VND23,700, down 0.21%.

The dollar has gained over the dong by 0.29% since the beginning of the year.

Globally the dollar weakened on Tuesday after Federal Reserve officials signaled that the central bank was nearing the end of its tightening cycle, though it traded in a tight range ahead of a key U.S. inflation report, Reuters reported.

Sterling meanwhile hit a fresh 15-month high of $1.2869, while the euro tacked on 0.03% to $1.1004.

The Japanese yen rose to a near one-month high of 141.15 per dollar on Tuesday and last bought 141.43 per dollar, drawing support from a slump in U.S. Treasury yields.

The dollar/yen pair is particularly sensitive to U.S. yields as interest rates in Japan are anchored near zero.

Read More :
- Reduce Hair Loss with PURA D’OR Gold Label Shampoo
- Castor Oil Has Made a “Huge” Difference With Hair and Brow Growth
- Excessive hair loss in men: Signs of illness that cannot be subjective
- Dịch Vụ SEO Website ở Los Angeles, CA: đưa trang web doanh nghiệp bạn lên top Google
- Nails Salon Sierra Madre