Future News
Business

Dollar inches down on black market

It slid 0.12% to VND25,400 on the black market.

Vietcombank sold the dollar at VND24,820, the same as Thursday.

The State Bank of Vietnam (SBV) also kept its reference rate unchanged at VND24,002.

The dollar has increased against the dong by 1.64% since the beginning of the year.

Globally, the dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level, Reuters reported.

Bitcoin’s blistering rally took a breather and was last at $61,622, near a more than two year high and within range of the record high.

The dollar index , which measures the U.S. currency against six rivals, was at 104.11 after a volatile overnight session following the inflation report.

Related posts

Gold prices decrease slightly after hitting historic peak

admin

Delta Air Lines Faces Union Attempt to Organize Flight Attendants

admin

Manipulated: The rise and rise and ultimate fall of FLC, subsidiaries’ stocks

admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Verified by MonsterInsights