The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
Unofficial exchange points sold the greenback 0.02% higher at VND26,505. Vietcombank kept its rate unchanged at VND26,450.
The State Bank of Vietnam’s reference rate was stable at VND25,249.
Globally the dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate cut intact, while traders awaited talks in Alaska between U.S. President Donald Trump and Russian leader Vladimir Putin regarding Ukraine, Reuters reported.
The dollar, which had jumped on Thursday as data showed U.S. producer prices increased more than expected in July, gave up most of those gains on Friday, and was set to finish the week 0.4% lower against a basket of currencies.
Most analysts expect Europe’s single currency to benefit from any ceasefire deal in Ukraine. The euro was 0.5% higher at $1.1702 versus the dollar.
