Dollar weakens against dong
By Mei Ling Tan
1 min read
The U.S. dollar continued to depreciate against the dong on the black market Monday.
It plunged 0.86% to VND24,220 at unofficial exchange points.
The greenback fell 0.19% to VND23,825 at TPBank, and dropped 0.32% to VND23,713 at Vietinbank.
Eximbank sold the dollar at VND23,740, up 0.17%.
The rate at Techcombank was VND23,750, up 0.04%. It stayed unchanged at Vietcombank.
The State Bank of Vietnam (SBV)’s set the reference rate is at VND23,655, down 0.01%.
The dollar has gained 3.40% against the dong since the beginning of the year.
The U.S. Dollar Index, which measures the greenback’s strength against major currencies, hovered around a three-month low of 105 points.