Unofficial Exchange Rates and Official Rates

The dollar saw a slight increase against the Vietnamese dong on the black market, selling at VND25,830, a 0.23% rise from the previous day. Meanwhile, Vietcombank maintained its exchange rate at VND25,730, showing stability in the official market.

State Bank of Vietnam's Reference Rate

The State Bank of Vietnam kept its reference rate unchanged at VND24,726, indicating a steady approach to currency regulation amidst fluctuating global markets.

Global Currency Movements

Globally, the euro experienced a downturn following a failed meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump, which dampened hopes for a swift resolution to the conflict with Russia. The euro fell to $1.0367, marking a 0.29% decrease, while the dollar index rose by 0.23% to 107.61, reflecting a complex week of currency movements.

Despite a weekly gain of about 0.9%, the dollar is set for its largest monthly decline since September, highlighting the volatile nature of currency markets.