Unofficial Exchange Rates See Slight Decline

The dollar was sold 0.23% lower at VND25,910 in unofficial exchange points, indicating a subtle shift in the black market's dynamics.

Official Rates Remain Steady

Vietcombank maintained its rate at VND25,760, showcasing stability in the official exchange channels amidst fluctuating unofficial rates.

State Bank of Vietnam Holds Firm

The State Bank of Vietnam kept its reference rate unchanged at VND24,813, reinforcing the central bank's stance in the current economic climate.

Global Dollar Movements

Globally, the dollar experienced a slight uptick against the euro, marking its potential first weekly gain this month. This movement comes as investors adjust their positions ahead of critical U.S. tariff deadlines.

Key Highlights:

The euro faced a 0.3% decrease, settling at $1.08223, signaling its first weekly loss since late February. Meanwhile, the dollar found temporary relief from its year-long pressures, thanks to the Federal Reserve's hints at maintaining current interest rates.

Despite Germany's legislative advancements aimed at economic revival, the euro's softening reflects the complex interplay of global financial policies and investor sentiment.