U.S. dollar banknotes are seen in this illustration taken March 24, 2026. Photo by Reuters
The U.S. dollar fell against the Vietnamese dong on the black market Saturday morning, following its decline against major peers.
The greenback was sold at unofficial exchange points at VND26,470, down 0.11% from Friday.
Vietcombank kept its rate unchanged at VND26,367.
Globally the dollar eased on Friday, set for a second straight weekly fall as investors stayed cautiously optimistic about a swift end to the Middle East conflict, after President Donald Trump said the ceasefire remained in place despite renewed U.S.-Iran hostilities, Reuters reported.
“The U.S. has strongly suggested it is trying to avoid escalation and wants the ceasefire intact,” said Kyle Chapman, FX markets analyst at Ballinger Group in London.
The dollar index measured against key peers fell 0.4% to 97.877, after hitting 97.623 earlier this week, its lowest level since February 27, a day before the Iran conflict started. It was set for a weekly drop of 0.3% after falling about as much the previous week.
“We are bearish on the DXY (dollar index) as we think supported risk appetite and additional risk premium should push the DXY to 95 in the coming months,” strategists at Morgan Stanley said in a note.
