Dollar inches up

The U.S. dollar gained over the Vietnamese dong marginally at several banks Thursday morning but dropped on the black market.

Vietcombank sold the dollar at VND24,060 Thursday, up 0.17% from Wednesday.

TPBank increased the rate by 0.02% to VND24,200.

Eximbank kept the rate unchanged at VND24,020, and Techcombank maintained it at VND24,025.

The State Bank of Vietnam (SBV)’s reference rate is at VND23,659, down 0.004%.

The dollar is sold at VND24,430 on the black market, down 0.29%.

The greenback has gained over the dong by 4.97% since the beginning of the year.

The U.S. Dollar Index, which measures the greenback’s strength against major currencies, hovers around a three-month low of 105 points.

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