A U.S. dollar bill. Photo by Unsplash/alexandratimis
The U.S. dollar surged against the dong on the black market Saturday morning despite a decline among major peers.
Unofficial exchange points sold the greenback 2.32% higher at VND27,320.
Vietcombank kept its rate unchanged at VND26,140.
Globally the dollar slipped from two-week highs on Friday, returning some safe-haven gains as risk assets rebounded from a deep rout driven by concerns over a surge in AI- spending this year, Reuters reported.
Even so, the buck remained on track for a weekly rise and trimmed earlier losses against the Japanese yen after U.S. data showed consumer sentiment improving in February, despite lingering concerns about jobs and rising costs of living.
The dollar index, which tracks the performance of the U.S. currency against six others, was down 0.34% after earlier hitting a two-week peak.
It was still up 0.5% on the week, on pace for its largest weekly rise since early January.
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