Dollar weakens against dong
The U.S. dollar fell against the Vietnamese dong on Friday morning as it edged lower against some major currencies.
The Vietnamese dong has seen the US dollar weaken against it, with Vietcombank selling the greenback at VND26,020, a 0.3% decrease from Thursday. This move comes as the State Bank of Vietnam lowered its reference rate by 0.02% to VND25,629. Globally, the dollar dipped slightly in the Asia session on Friday, potentially dampening recent gains due to US yields reaching their biggest weekly drop in about three months, as reported by Reuters.
Meanwhile, other currencies like the Australian dollar, sterling, and New Zealand dollar also experienced minor gains or remained flat. The yen and euro, however, continued their downward trend, with the euro hovering near a 17-month low amid French debt concerns.
Brief written by urgent.news from VnExpress Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
