{
  "id": 2302329,
  "title": "Dollar falls against dong",
  "url": "https://urgent.news/2026/08/21/dollar-falls-against-dong",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T04:47:32.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/markets/dollar-falls-against-dong-5111665.html"
  },
  "original_language": "en",
  "account": "The Vietnamese dong experienced a slight rise against the dollar, strengthening to VND26,250, a 0.23% increase from the previous day. However, the black market saw the currency climb further, reaching VND25,910, a 0.04% gain. The State Bank of Vietnam adjusted its reference rate by 0.04%, setting it at VND25,600. On a global scale, the dollar faced a challenging week, with investors viewing the U.S. Treasury's bond buyback initiative as a short-term solution. This perception, coupled with concerns over the Federal Reserve's growing interventionist stance, contributed to the dollar's downward trajectory, which was projected to fall over 0.8% for the week. As of the latest data, the dollar traded at 98.82, hovering near its three-month low against a basket of currencies. Conversely, the euro demonstrated resilience, nearing a three-month high against the dollar, with a purchase price of $1.1685 and a projected weekly gain of 1%. Meanwhile, the British pound showed signs of strength, edging closer to a six-month peak, increasing by 0.08% to $1.3643, marking a weekly rise of 0.8%. Despite U.S. Treasury Secretary Scott Bessent hinting at potential increases in the government's Treasury repurchases and the White House budget director Russell Vought announcing a new fiscal consolidation drive under President Donald Trump, these measures failed to alleviate investor concerns over the deteriorating fiscal situation and the perceived credibility of U.S. institutions.",
  "summary": "The U.S. dollar slid against the Vietnamese dong Friday morning and was set to end the week lower against major peers.",
  "key_points": [
    "Vietnamese dong strengthens to VND26,250, 0.23% increase",
    "Dollar faces downward trajectory, projected to fall 0.8% weekly",
    "Euro nears three-month high against dollar, 1% projected gain"
  ],
  "editors_take": "The dong's rise against the dollar reflects a broader trend of the dollar's decline, driven by investor skepticism over US fiscal management and the Federal Reserve's growing interventionist stance.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}