Dollar nears 6-week low
By Rajiv Menon
1 min read
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The U.S. dollar plunged against the Vietnamese dong Thursday to a near six-week low at Vietcombank.
The state-owned lender sold it at VND24,680 at 10 a.m., down 0.48% from Wednesday to the lowest since October 22.
DongABank let the dollar slide by 0.44% to VND24,700. Eximbank sold it at VND24,670, down 0.36%.
The State Bank of Vietnam (SBV) let the reference rate decline by 0.01% to VND23,662.
Unofficial exchange points sold the dollar 0.44% lower at VND24,850.
The USD Index, which measures the greenback’s strength against major currencies, dips to 105.69 points, lowest since mid-August.