Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado Nov. 3, 2009. Photo by Reuters
The U.S. dollar dropped against the Vietnamese dong Thursday afternoon while remaining steady globally.
Vietcombank sold the dollar 0.02% lower at VND25,549.
The State Bank of Vietnam lowered its reference rate by 0.02% to VND24,333.
The greenback slipped 0.08% to VND25,720.
Globally the dollar steadied on Thursday, after dipping alongside cooling U.S. inflation and falling bond yields, while the yen hit a one-month high on rising bets on a rate hike in Japan, Reuters reported.
The yen was the biggest major mover against the dollar after softer-than-expected U.S. inflation data and it extended gains in Asia, as raised chances of Federal Reserve rate cuts coincided with murmurs of a Bank of Japan hike next week.
The euro mostly held steady after the U.S. inflation data and was steady through the Asia day at $1.0283, while the dollar made small gains elsewhere and the dollar index snapped three days of losses to rise a little to 109.18.