U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong but remained steady against major peers Thursday afternoon.
Vietcombank sold the greenback 0.02% higher at VND25,504.
The State Bank of Vietnam hiked its reference rate by 0.02% to VND24,290.
Unofficial exchange points sold the dollar 0.19% higher at VND25,850.
The dollar has risen against the dong by 4.36% since the beginning of the year.
Globally the dollar paused its climb on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve, Reuters reported.
The dollar index was down 0.11% at 106.49, but was holding onto most of the previous session’s gains after investors lifted the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week.
