A U.S. dollar bill. Photo by Unsplash/alexandratimis
The U.S. dollar rose against the Vietnamese dong on the black market Thursday morning.
Unofficial exchange points sold the greenback 0.19% higher at VND26,380. Vietcombank kept its rate unchanged at VND26,500.
Globally the dollar largely stabilized on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen languished near a 40-year low with little sign of a turnaround, Reuters reported.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, eased 0.06% to 101.05. The greenback has gained as the worsening flare-up between Washington and Tehran triggered a rebound in oil prices and fanned inflation fears.
The euro was last up 0.07% at $1.1418. The European Central Bank will meet later on Thursday. It is all but certain to keep interest rates unchanged but will hold the door wide open to another rate hike in September, as a fresh jump in energy prices threatens to put more upward pressure on inflation.
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