Dollar inches up against dong

U.S. dollar bills. Photo by Unsplash/Colin Watts

The U.S. dollar rose against the Vietnamese dong Thursday morning.

Vietcombank sold the greenback 0.02% higher at VND26,471. On the black market the dollar fell 0.22% to VND26,420.

Globally the U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike ‌bets, keeping the Japanese yen under pressure, Reuters reported.

The dollar fetched 162.41 yen, hovering near the strongest level since July 1. The euro and the British pound were largely flat and traded at $1.1426 and $1.3392, respectively.

The New Zealand dollar remained well bid after the previous day’s rate hike and the central bank’s hawkish stance, extending its gains by 0.5% to $0.5725. The Australian dollar added 0.1% at $0.6936.

The U.S. dollar index, which measures the currency against a basket of ⁠six peers, was little changed at 100.96.


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