Dollar strengthens against dong – VnExpress International

U.S. dollar and euro banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters

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

Vietcombank sold the greenback 0.35% higher at VND26,307.

On the black market the dollar gained 0.07% to VND26,900.

Globally the dollar halted its blistering rally on Thursday, providing some reprieve to the battered euro, as investors clung on to fragile assumptions that the war in the Middle East might not last as ‌long as initially expected, Reuters reported.

The dollar further eased from an over three-month high hit earlier this week and stood at 98.82 against a basket of currencies.

The ⁠euro was steady at $1.1628, having slid to a more than three-month low on Tuesday, while sterling was little changed at $1.3368.


Comments are closed.