A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. Photo by Reuters
The U.S. dollar was steady against the Vietnamese dong Friday morning, maintaining its historic level achieved Thursday.
Vietcombank sold the dollar at VND25,980, same as Thursday.
The State Bank of Vietnam hiked its reference rate by 0.13% to VND24,886.
Unofficial exchange points sold the dollar 0.45% higher at VND26,036.
The greenback has risen 1.68% against the dong since the beginning of the year.
Globally the U.S. dollar struggled to regain its footing with the safe-haven yen hovering near a six-month peak on Friday, as traders took stock of the fallout from President Donald Trump’s aggressive and far-reaching new tariff measures, Reuters reported.
The dollar was steady after bouncing off six-month troughs to the euro and sterling overnight, with the focus now turning to a crucial monthly U.S. payrolls report later in the day for clues on the health of the economy and the outlook for monetary easing.
The dollar index, a measure of the currency against a basket of six major peers, plunged 1.9% on Thursday, its worst day since November 2022.
The greenback edged down 0.15% to 145.89 yen, after alternating between smalls gains and losses in early trading on Friday.
It slumped 2.2% in the prior session, and dipped as low as 145.19 yen for the first time since October 2.
