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The U.S. dollar has experienced a slight decline against the Vietnamese dong on the black market, continuing a trend of weakening over recent weeks. As of Saturday morning, unofficial exchange points were selling the dollar at VND26,370, marking a 0.04% decrease from the previous rate. www.multilinks.biz
In contrast, Vietcombank maintained its official exchange rate at VND26,200, while the State Bank of Vietnam kept its reference rate steady at VND24,978. www.multilinks.biz
This dip in the dollar’s value is part of a broader global trend, where the greenback has been under pressure due to factors such as trade tensions and shifting investor sentiment. For instance, recent developments in U.S. trade policy and concerns over tariffs have influenced currency markets, leading to fluctuations in exchange rates. www.multilinks.biz
For individuals in Nigeria, particularly in Benin City, who are monitoring currency markets or considering currency exchanges, it’s important to note these international trends, as they can have indirect effects on local exchange rates and economic conditions.
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