On Saturday morning, the U.S. dollar declined in value compared to the Vietnamese dong on the black market.
Unofficial exchange points offered the greenback for sale at VND25,910, which was 0.23% below par.
Vietcombank maintained its exchange rate at VND25,760.
The State Bank of Vietnam kept its reference rate unchanged at VND24,813.
The value of the dollar has increased by 0.82% compared to the dong since the start of the year.
Worldwide, the dollar showed a slight increase against the euro on Friday, set to post its first weekly rise this month. This move came as investors took profits from the euro’s recent gains before the April 2 deadline for reciprocal U.S. tariffs. Reuters reported.
The euro fell by 0.3% to trade at $1.08223, set for a weekly decline of 0.6%, marking its first drop in seven weeks since February 28.
The dollar, under pressure this year from worries over the hit to U.S. economic growth from the Trump administration's trade policies, found some respite this week as the Federal Reserve indicated it was in no rush to cut interest rates.
The euro weakened as traders took profits, despite Germany’s upper legislative chamber, known as the Bundesrat, approving reforms to the nation's debt regulations along with a 500 billion euro plan aimed at overhauling its infrastructure and rejuvenating Europe's biggest economy.
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