U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar fell little against the Vietnamese dong on the black market on Saturday.
Unofficial exchange points sold the greenback at VND26,395, down 0.06% from Friday.
Vietcombank kept its rate unchanged at VND26,282.
The State Bank of Vietnam’s reference rate was steady at VND25,031.
Globally the U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel, Reuters reported.
The dollar index, which measures the U.S. currency against six peers, including the Swiss franc, the Japanese yen, and the euro, is poised to rise 0.6% this week.
On the day, however, the index remains flat after a Federal Reserve governor said rate cuts should be considered as soon as July, given recent inflation data.
The Swiss franc was flat at 0.8166 per dollar but was set for its largest weekly drop since the third week of April, after the country’s central bank lowered interest rates to 0%.
