Dollar rises against dong on black market
The greenback went up 0.1% to around VND26,611 at unofficial exchange points. Vietcombank kept its rate unchanged at VND26,387.
The State Bank of Vietnam maintained its reference rate at VND25,131.
Globally, the dollar firmed against most major currencies on Monday as fresh Middle East tensions lifted oil prices and a global bond selloff dented risk appetite, while yen weakness kept traders on alert for possible Japanese intervention, Reuters reported.
The dollar index, which measures the greenback against a basket of major currencies, was a touch firmer at 99.393.
The euro was last at $1.1609 and sterling fetched $1.3305, both down more than 0.1%. Against the yen, the dollar traded at 158.84 , up 0.04% from late U.S. levels.
The risk-sensitive Australian dollar weakened 0.4% to $0.7121, while the New Zealand dollar was little changed at $0.5827.
Brent crude futures rose more than 1% to over $110 a barrel after a nuclear power plant in the UAE came under attack and efforts to end the U.S.-Israeli war with Iran appeared to have stalled.
“It appears conditions for risk and bonds are deteriorating, and conditions for the dollar rally to extend this week are ripe,” analysts at Barclays wrote in a note.
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