Stable Exchange Rates in Vietnam

Vietcombank maintained the U.S. dollar's exchange rate at VND26,140, with the black market rate holding steady at VND26,500. The State Bank of Vietnam also kept its reference rate unchanged at VND24,973.

Global Dollar Dynamics

The U.S. dollar showed signs of stabilization after a significant drop, influenced by cooler-than-expected U.S. consumer inflation data. This development has reinforced expectations for Federal Reserve easing, as reported by Reuters.

The U.S. dollar index slightly decreased by 0.1% to 100.87, following a 0.8% decline the previous day. The index had previously surged by 1% amid optimism over easing U.S.-China trade tensions.

Future Outlook

Analysts from TD Securities predict a potential 5% decline in the dollar's value in the latter half of the year, citing global investors' inclination to diversify away from U.S. assets due to ongoing policy uncertainties.

In currency markets, the dollar saw a modest increase against the offshore yuan but fell against the yen and Swiss franc. The euro and sterling remained largely stable.