Dollar slips against dong
The U.S. dollar on Thursday morning fell against the Vietnamese dong, but strengthened against major peers.
The U.S. dollar weakened against the Vietnamese dong on Thursday, according to wire reports. Vietcombank sold the greenback at VND26,160, a slight decrease of 0.04% from the previous day. The unofficial market saw the dollar trading at VND26,140, marking a 0.35% gain. Globally, the dollar remained close to a yearly high, displaying relative stability despite hawkish remarks from the Federal Open Market Committee.
These comments suggested central bank policymakers in the U.S. considered inflation their top concern. The dollar index, a gauge of its strength relative to six other currencies, stayed steady at 102.23, up 0.3% from Wednesday's figure. The greenback's price has been hovering near its peak since April 9, 2025, following the market volatility sparked by last week's Liberation Day tariff announcement.
Against the Japanese yen, the U.S. dollar declined 0.2% to 157.815 yen. This drop came after Japan's trade figures revealed an August current account surplus of 4.062 trillion yen, exceeding the estimated 3.19 trillion yen surplus.
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