The greenback rose 0.08% to around VND26,550 at unofficial exchange points. Vietcombank kept its rate steady at VND26,490.
The State Bank of Vietnam lowered its reference rate by 0.008% to VND25,252.
Globally, the dollar made a modest advance against most of its global peers at the start of Asian trading on Monday as the conflict in the Middle East escalated, with oil prices rising and investor confidence remaining fragile after turbulence last week, Reuters reported.
The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, was up 0.1% at 100.84.
The U.S. dollar climbed 0.1% to 162.48 yen, the greenback’s strongest level since July 9, as geopolitical tensions rose and investors sought safe-haven assets.
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by Read/Thanh Tung |
The euro was down 0.1% at $1.1426, while the British pound was level at $1.3445. The Australian dollar slipped 0.1% to $0.6975, while the New Zealand dollar declined 0.2% to $0.5833.
“Market sentiment continued to deteriorate as concerns around semiconductor valuations weighed on risk appetite, while tensions in the Middle East escalated after Iran suspended its commitments under the interim peace deal,” Westpac analysts wrote in a research report.
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