An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy
The U.S. dollar weakened against the Vietnamese dong Wednesday morning while holding mostly firm against major currencies.
Vietcombank sold the greenback at VND26,355, a 0.008% dip from Tuesday. On the black market, the currency rose 0.01% to around VND26,679.
The State Bank of Vietnam lowered its reference rate by 0.008% to VND25,100.
Globally, the dollar steadied in early Asian trade on Wednesday, as skepticism over U.S. President Donald Trump’s announcement of an indefinite extension of a ceasefire with Iran lifted demand for the safe-haven currency, pushing it to a one-week high, Reuters reported.
The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, was steady at 98.415, its highest level since April 13.
Most other currencies were unchanged after the ceasefire extension. The euro was steady at $1.1739 and was up 0.1% at $1.3519.
The Australian dollar was little changed at $0.7152 while the New Zealand dollar held steady at $0.5894. Against the yen, the U.S. dollar nudged down 0.1% to 159.26 yen.
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