Dollar gains over dong
The U.S. dollar strengthened against the Vietnamese dong Wednesday morning and was mostly firm against major currencies.
The Vietnamese dong experienced a slight gain against the U.S. dollar, with the Vietnamese State Bank raising its reference rate by 0.09% to VND25,539. On the black market, the dong strengthened to VND26,330, marking a 0.04% increase from the previous Tuesday. Meanwhile, the dollar remained relatively stable globally, with the U.S. dollar index rising 0.1% to 99.858.
The yen and euro maintained their positions at 159.335 yen and $1.1537 respectively, exhibiting minimal movement. Meanwhile, the British pound and Australian dollar remained unchanged at $1.3503 and $0.7064, respectively, while the kiwi dollar dipped by 0.1% to $0.5876. The main focus for markets this week will be on the release of U.S. inflation data later in the day, which could provide insights into the Federal Reserve's interest rate trajectory.
Written by urgent.news from VnExpress Business's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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