Dollar falls marginally against dong
U.S. dollar banknotes are seen in this illustration taken March 24, 2026. Photo by Reuters
The U.S. dollar edged down against the Vietnamese dong Thursday amid a fall against major currencies as the possibility of a Middle East peace deal weakened its safe-haven appeal.
Vietcombank sold the dollar at VND26,357, 0.004% lower than Wednesday. On the black market the dollar plunged 1.04% to VND26,630.
Globally the U.S. dollar held near its lowest level since early March against major currencies on Thursday, as the White House’s optimism over a peace deal with Iran buoyed sentiment and encouraged traders to shed safe-haven positions, Reuters reported.
President Donald Trump said the U.S.-Israeli war on Iran was “close to over,” while the White House expressed optimism about a deal, saying more in-person talks would likely take place in Pakistan again.
The dollar index, which measures the currency’s strength against six major peers, was steady at 98.018. It declined for eight straight sessions through Wednesday to give up most of the gains sparked by the war, as a tentative ceasefire revived appetite for riskier currencies.
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