A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey Nov. 11, 2021. Photo by Reuters
The U.S. dollar rose marginally against the Vietnamese dong Tuesday morning, hitting the highest since Jan. 26.
Vietcombank sold the dollar 0.08% higher at VND26,364.
On the black market the dollar declined 0.07% to VND27,980.
Globally the dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after U.S. President Donald Trump delayed the bombing of Iran’s power grid, a move that allayed fear of a prolonged war in the Middle East, Reuters reported.
The dollar index, which measures the U.S. currency against a basket of peers, rose nearly 0.2% to 99.35 after dipping to near a two-week low on Monday.
“The news overnight is giving a breather to volatility at least, but it’s difficult to see that this is going to trigger a risk-on trend,” said Rodrigo Catril, a currency strategist at National Australia Bank.
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