Vietcombank Adjusts Dollar Selling Rate

Vietcombank has increased its dollar selling rate to VND25,543, marking a 0.02% rise from the previous weekend. Meanwhile, the dollar remains steady at VND25,850 on the black market.

State Bank of Vietnam Raises Reference Rate

In a recent move, the State Bank of Vietnam has adjusted its reference rate upwards by 0.02%, setting it at VND24,327.

Global Currency Movements

On the global front, the Japanese yen is trading near five-month lows against the dollar, influenced by rising U.S. yields. The dollar index remains flat at 107.98, with the euro slightly up at $1.0429. Despite predictions of a weaker dollar in 2024, the U.S. currency is poised to end the year stronger against major currencies, with the dollar index up 2.3% for the month and 6.6% year-to-date.