Dollar Climbs in Unofficial Exchange Points

The greenback saw an increase at unofficial exchange points, selling at VND25,748, marking a 0.12% rise from the previous Friday.

Official Rates Remain Steady

Vietcombank maintained its rate at VND25,477, while the State Bank of Vietnam's reference rate stayed stable at VND24,264.

Global Economic Impact

Globally, the U.S. dollar experienced its best weekly performance in a month, driven by expectations of slower Federal Reserve rate cuts. Meanwhile, sterling declined following a surprise contraction in UK economic activity, as reported by Reuters.

The dollar index, measuring the currency against six others, rose 0.037% to 107, poised for a weekly gain of nearly 1%, its largest in a month.