U.S. dollar banknotes are displayed in this illustration taken, Feb. 14, 2022. Photo by Reuters
The U.S. dollar dropped against the Vietnamese dong Tuesday afternoon.
Vietcombank sold the dollar 0.08% lower at VND26,460. On the black market the greenback plunged 0.65% to VND26,110.
Globally the yen slipped on Tuesday but held on to most of its intervention-driven gains, after last week’s joint action by Tokyo and Washington to shore up the currency kept speculators wary of rebuilding bearish positions, Reuters reported.
The yen was last down 0.4% at 157.8 per dollar, giving back some of its gains after hitting a three-month high of 155.20 in the previous session, but remaining well above its 40-year low of 163.99 touched in July.
The dollar, meanwhile, was nursing losses, having slid in the wake of the yen-buying intervention and on the back of falling oil prices.
Against the greenback, the euro was little changed at $1.151, having hit a six-week month peak of $1.156 in the previous session, while sterling fetched $1.343.
The dollar index bounced from a six-week low to 100.