Dollar Weakens Against Vietnamese Dong

Vietcombank's recent sale of the dollar at VND25,467 marks a 0.05% decrease from Thursday's rate. Meanwhile, the greenback experienced a 0.08% rise to VND25,750 on the black market.

The State Bank of Vietnam has adjusted its reference rate downward by 0.05% to VND24,255. This shift indicates a 4.29% increase in the dollar's value against the dong since the start of the year.

Globally, the dollar's performance remains a focal point, with investors anxiously awaiting U.S. payrolls data that could influence expectations of a rate cut this month, as reported by Reuters.

The mighty U.S. dollar fell 0.6% overnight against its peers and was pinned near three-week lows at 105.84 on Friday. Bulls are cautious of a sharp pullback given the market's overwhelming long position on the greenback.

The euro rallied 0.7% overnight and was last flat at $1.0580, following the resignation of French Prime Minister Michel Barnier in a widely anticipated political development.