On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies.
Vietcombank sold its dollars at a rate of 0.07% higher, equating to VND26,150 per dollar.
The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927.
In the black market, the U.S. dollar weakened by 0.07% to VND26,510.
The value of the dollar has increased by 2.34% compared to the dong since the start of the year.
Globally the U.S. dollar weakened against most of its major peers on Thursday, giving back some of Wednesday's gains after the Fed warned of rising risks to the economy from higher inflation and unemployment, Reuters reported.
Following U.S. President Donald Trump’s announcement of an impending “major trade deal” later that day, as reported by The New York Times to involve Britain, the British pound surged, dragging up the value of the Australian dollar alongside it.
The pound rose 0.4% to $1.3341, despite expectations for the Bank of England to announce a quarter-point interest rate reduction later in the session.