Dollar gains over dong – Read International

Vietcombank sold the greenback at VND26,466, up 0.02% from Tuesday. The currency dipped 0.06% to around VND26,600 on the black market.

The State Bank of Vietnam raised its reference rate by 0.02% to VND25,206.

Globally, the U.S. dollar edged to its highest levels in a week in Asian trade on Wednesday, Reuters reported.

The U.S. dollar index, which measures the currency against a basket of six peers, touched 101.210 for the first time since July 2.

The greenback strengthened 0.2% to 162.46 yen, advancing for a fourth day to reached the strongest level since July 2. The euro slipped 0.1% to $1.1405, while the British pound nudged 0.1% lower to $1.3351.

Meanwhile, the kiwi dollar jumped 0.5% to highs of $0.5705 after the Reserve Bank of New Zealand hiked rates by ⁠25 basis points to 2.5% to curb inflation pressures. The Australian dollar added 0.1% at $0.6938.

Bids for the greenback, widely considered a global safe haven, came after the U.S. unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after three tankers were ‌attacked ⁠in the Strait of Hormuz.

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