Market Update: US Dollar vs. Vietnamese Dong

Vietcombank reported a slight increase in the greenback, selling it 0.08% higher at VND25,660. The State Bank of Vietnam has kept its reference rate steady at VND24,758, indicating a stable economic environment amidst global uncertainties.

On the black market, the dollar experienced a minor uptick of 0.04%, reaching VND25,840. This movement comes as global markets react to the fluctuating U.S. Treasury yields and the ongoing global trade war's impact on U.S. inflation and growth.

Globally, the dollar saw a modest rebound against the yen, rising 0.05% to 148.31, after hitting a five-month low earlier in the week. This recovery reflects the market's fluctuating confidence in the face of potential economic downturns in the U.S., with investors seeking safety in the Japanese yen and Swiss franc, which edged away from its recent three-month peak.