Vietcombank Maintains Dollar Selling Rate

Vietcombank has kept its selling rate for the dollar steady at VND25,980, mirroring Thursday's figures amidst fluctuating currency values.

State Bank of Vietnam Adjusts Reference Rate

The State Bank of Vietnam has slightly increased its reference rate by 0.13% to VND24,886, signaling subtle shifts in the currency market.

Unofficial Exchange Points See Higher Rates

At unofficial exchange points, the dollar was sold 0.45% higher at VND26,036, reflecting the currency's growing strength against the dong.

Year-to-Date Dollar Strength

Since the beginning of the year, the greenback has appreciated by 1.68% against the dong, showcasing its robust performance in the Vietnamese market.

Global Dollar Struggles Amid Tariff Measures

Globally, the U.S. dollar faces challenges in regaining its footing, with the yen nearing a six-month peak as markets react to President Trump's new tariff policies.

Focus on US Payrolls Report

Investors are now turning their attention to the upcoming U.S. payrolls report for insights into the economy's health and potential monetary easing.

Dollar Index Performance

The dollar index experienced a significant drop of 1.9% on Thursday, marking its worst performance since November 2022.

Yen Exchange Rate Fluctuations

The dollar saw a slight decrease of 0.15% to 145.89 yen, with early Friday trading showing minor fluctuations.