U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
Unofficial exchange points sold the greenback at VND25,748, up 0.12% from Friday.
Vietcombank kept its rate steady at VND25,477.
The State Bank of Vietnam’s reference rate remained stable at VND24,264.
Globally the U.S. dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year, while sterling fell after a surprise contraction in UK economic activity, Reuters reported.
The dollar index, which measures the currency against six others, was up 0.037% at 107, set for a weekly gain of nearly 1%, its biggest in a month.
