Unofficial Exchange Rates Show Dollar's Marginal Gain

In a slight uptick, the US dollar was sold 0.04% higher at VND26,460 in unofficial markets, while Vietcombank maintained its rate at a steady VND26,320.

Stable Reference Rate by State Bank of Vietnam

The State Bank of Vietnam’s reference rate remained unchanged at VND25,164, signaling stability in the official exchange rate amidst fluctuating global currencies.

Global Dollar Strength on Economic Data

Globally, the dollar found strength from solid U.S. economic data, suggesting the Federal Reserve might delay further interest rate cuts. This development comes as tariff negotiations provide some market clarity, according to Reuters.

Elias Haddad, a senior markets strategist at Brown Brothers Harriman in London, noted, "The dollar regained some ground... supported mostly by an encouraging set of U.S. economic data that argues for continued patience at the Fed."

Weekly Performance and Future Outlook

Despite heading for its biggest weekly drop in a month, the dollar index slightly recovered to 97.663 on Friday. The market now looks towards upcoming central bank meetings and further tariff discussions for direction.