Dollar gains over dong on black market
The U.S. dollar rose against the Vietnamese dong on the black market Friday morning.
The Vietnamese dong saw the dollar rise by 0.31% to approximately VND25,930 on the black market, while remaining stable at VND26,180 at lender Vietcombank. The State Bank of Vietnam increased its reference rate by 0.02% to VND25,641. Globally, the dollar experienced its first consecutive weekly gains in over three months due to rising Treasury yields and expectations of additional Federal Reserve rate hikes, pushing the dollar index to a two-month high.
Meanwhile, the Japanese yen remained near a three-week low, and the euro reached a two-month low, marking its worst losing streak since the end of 2025.
Brief written by urgent.news from VnExpress Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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