Dollar drops marginally against dong Vietnam News

The U.S. dollar fell slightly against the Vietnamese dong Tuesday afternoon and stayed steady among major peers on global markets.

Vietcombank sold the greenback 0.004% lower at VND26,380.

The dollar gained 0.07% to VND26,840 on the black market.

Globally the U.S. dollar was steady on Tuesday ahead of the Federal Reserve’s release of its December minutes report, which is expected to reveal divisions inside the central bank about next year’s policy pathway, a prospect that has left investors on edge, Reuters reported.

The euro was last at $1.1772, on course for a yearly gain of 13.7%, while the pound fetched $1.3504 and was set for an increase of 8% in 2025.

A softer dollar has also pushed the Chinese yuan to breach the psychologically important 7 per U.S. dollar level even as the central bank sought to prevent the currency from overshooting through weaker guidance rates and verbal warnings.

The dollar index was at 98.022 on Tuesday, not far from the three-month low it hit last week.