Dollar edges down against dong on black market

A close-up of a dollar bill. Photo by Pixabay/amrothman

The U.S. dollar fell against the Vietnamese dong on the black market Tuesday afternoon.

The greenback dropped 0.64% to VND26,480 at unofficial exchange points. Vietcombank kept its rate unchanged at VND26,462.

Globally the yen hovered near a four-decade low on Tuesday, leaving traders wary of possible intervention by Japanese ‌authorities to bolster the currency, while the dollar steadied after recent losses, Reuters reported.

The yen was up 0.2% at 161.75 per dollar, reversing some of its decline from earlier in the session, though it remained not far from a 162.84 trough hit last week.

The euro dipped 0.06% to $1.1434, while sterling rose to a more than two-week high of $1.34005 before easing slightly. Against a basket of currencies, the dollar was last at 100.90.


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