An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The U.S. dollar strengthened against the Vietnamese dong Friday morning as it edged up against major peers.
Vietcombank sold the greenback at VND26,412, a 0.008% gain from Thursday. The currency rose 0.02% to around VND26,332 on the black market.
The State Bank of Vietnam increased its reference rate by 0.008% to VND25,155.
Globally, the dollar found its footing in early trading on Friday, after sliding to its weakest in a week as traders parsed reports that a ceasefire deal in the Middle East could be imminent, Reuters reported.
Against the yen, the U.S. currency was up 0.1% at 160.07 yen. The Australian dollar was down 0.1% at $0.7045, while its kiwi counterpart was down 0.1% at $0.5830.
The euro last bought $1.1576, holding near its strongest in a week. The British pound was flat at $1.3414.
“Markets reversed late in the U.S. session after President Trump canceled planned attacks on Iran, suggesting a deal could be signed as soon as this weekend,” analysts from Westpac wrote in a note to clients.
“The USD weakened on the latest developments, with the DXY lower and the AUD rising against the USD and other major currencies.”
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