VND Market Update
22 Apr 2026 • 00:37 GMT
The Vietnamese dong remains near 90-day lows against the US dollar, trading close to 0.000038, its recent 3-month average. The stabilized range between 0.000038 and 0.000039 reflects a cautious market with no sharp moves, despite recent USD resilience amid geopolitical tensions and inflation concerns.
Meanwhile, the dong has also extended losses against the euro and British pound, trading near 0.000032 and 0.000028 respectively, each close to their 90-day lows. However, the VND has shown some strength against the Japanese yen, reaching recent 7-day highs around 0.006054, slightly above its 3-month average, indicating some short-term volatility.
In commodity-linked currencies, the dong is near 90-day lows against the Australian dollar and Canadian dollar, suggesting broader weakening against multiple currencies. Conversely, the VND has remained stable against the Swiss franc, near its 3-month average, and slightly above against the Indian rupee.
Overall, while the dong remains soft against the USD and certain European currencies, its stability and recent moves reflect cautious market sentiment, with local economic growth supporting some resilience. Investors should keep an eye on US dollar developments and Vietnam's economic indicators for future currency trends.