Vietcombank's Latest Exchange Rates

Vietcombank has adjusted its selling price for the U.S. dollar to VND25,745, marking a slight increase of 0.02% from the previous day. Meanwhile, the black market sees the dollar holding steady at VND25,770.

State Bank of Vietnam's Reference Rate Adjustment

The State Bank of Vietnam has increased its reference rate by 0.12%, setting it at VND24,726. This adjustment comes as the global market watches closely.

Global Dollar Trends and Market Sentiment

On the global stage, the U.S. dollar remains near multi-week highs against the currencies of its major trading partners. This trend is fueled by growing concerns over an escalating global trade war, as reported by Reuters.

The U.S. dollar index, which measures the greenback against a basket of six major currencies, slightly decreased to 107.20. However, it had initially reached its highest point since February 19 at 107.34.

Meanwhile, the euro remains stable at $1.04, after a brief dip to $1.0389, its lowest since February 13. The yen and Swiss franc have seen some strengthening, with the yen benefiting from lower U.S. Treasury yields.

As the market continues to navigate through these uncertain times, investors are keeping a close eye on currency movements and economic indicators.