U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar dipped against the Vietnamese dong on the black market Wednesday morning as it held firm against major currencies.
The greenback dropped 0.05% from Tuesday to around VND27,350 at unofficial exchange points. Vietcombank maintained its exchange rate at VND26,412.
The State Bank of Vietnam kept its reference rate unchaged at VND25,155.
Globally, the dollar was broadly steady Wednesday and moves in other currencies were muted ahead of a key Federal Reserve policy decision later in the day, where investors are wagering on a cut in what is likely to be one of the most fractious meetings in years, Reuters reported.
The dollar index, which measures the U.S. currency against six key rivals, was firm at 99.23. The euro was little changed at $1.1625, while sterling ticked 0.03% higher to $1.3301.
The yen was little changed at 156.82 per dollar, after a 0.6% fall towards the 157 level in the previous session despite no obvious trigger.
In other currencies, the Australian dollar bought $0.6643, having risen to a near three-month high in the previous session. The New Zealand dollar eased 0.05% to $0.5776.
