U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar fell against the Vietnamese dong Tuesday afternoon while gaining among major peers.
Vietcombank sold the greenback 0.03% lower at VND25,523.
The State Bank of Vietnam lowered its reference rate by 0.03% to VND24,308.
The dollar gained 0.58% to VND25,900 on the black market.
Globally the dollar was on the front foot on Tuesday as the prospect of higher-for-longer U.S. interest rates remained top of investors’ minds, leaving other currencies struggling near milestone lows, Reuters reported.
Against a basket of currencies, the U.S. dollar was perched near a two-year peak of 108.54. It was last at 108.10.
The euro last bought $1.0403 but was not far from a two-year low it touched in November, while sterling eased 0.01% to $1.2534.
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