On Saturday morning, the U.S. dollar slightly declined against the Vietnamese dong in the black market.
The unofficial exchange points offered the greenback for sale at VND26,325, which was 0.02% below the previous rate.
Vietcombank maintained its exchange rate at VND26,220.
The State Bank of Vietnam’s reference rate remained constant at VND24,992.
On Friday, the dollar strengthened against key global currencies following data indicating stronger-than-predicted job gains in the United States for May, even though this was slower compared to April’s figures. This prompted speculation that the Federal Reserve may delay reducing interest rates. Reuters reported.
The U.S. dollar increased by 0.95%, trading at 144.87 yen per dollar, and rose by 0.26% against the Swiss franc, reaching 0.822 francs per dollar. Following the economic figures, the greenback continued to strengthen compared to these two safe-haven currencies.
The US dollar was set for another week of gains compared to both the Japanese yen and Swiss franc, yet it remained approximately 8% lower for the year against the yen and around 9% weaker for the year against the franc.
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