Dollar's Decline Against Dong: Black Market Exchange Rates

The greenback experienced a slight dip against the Vietnamese Dong at unofficial exchange points, falling by 0.12% from Tuesday's rate to VND25,810. Meanwhile, at Vietcombank, the dollar remained stable at VND25,509.

The State Bank of Vietnam maintained its reference rate at VND24,295, unchanged from previous days. Since the beginning of the year, the dollar has appreciated against the dong by 4.46%.

Globally, the U.S. dollar steadied against major currencies on Wednesday as investors continued to assess President-elect Donald Trump's tariff pledges. They also kept an eye on a key inflation figure out of the U.S. later in the day, as reported by Reuters.

The dollar index, which measures the greenback against six rivals, was last down 0.07% at 106.83. The yen, meanwhile, held onto gains made from safe-haven bids amid the turmoil. The dollar was last down 0.19% at a two-week low of 152.81 yen.

The euro was little changed at $1.0493, while sterling last fetched $1.25735, up 0.05%.