Advertisements

Dollar Drops Slightly Against Vietnamese Dong

by Elena

The U.S. dollar fell slightly against the Vietnamese dong but edged higher against major global currencies on Tuesday morning.

At Vietcombank, the dollar was sold at VND 26,240, down 0.008%. The State Bank of Vietnam raised its reference rate by 0.02% to VND 24,998. Meanwhile, on the black market, the dollar gained 0.11% to VND 26,320.

Advertisements

Globally, the dollar strengthened slightly as the Japanese yen fluctuated following the Bank of Japan’s decision to keep interest rates steady and slow its balance sheet reduction next year, Reuters reported.

Advertisements

The Bank of Japan held short-term interest rates at 0.5%, as expected, after its two-day monetary policy meeting. It also introduced a new bond tapering plan for fiscal 2026.

Advertisements

The yen remained volatile and was last slightly stronger at 144.70 per dollar. Market watchers are now focused on comments from BOJ Governor Kazuo Ueda during a post-meeting press conference later in the day.

Against a basket of currencies, the dollar stayed steady at 98.15.

Elsewhere, the euro remained mostly unchanged at $1.1561, while the British pound traded at $1.3574.

Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com