The U.S. dollar rose against the Vietnamese dong Monday morning as it hit one-week highs against major peers.
Vietcombank sold the greenback at VND26,358, up 0.004% over the weekend. The currency gained 0.27% to around VND26,685 on the black market.
The State Bank of Vietnam raised its reference rate by 0.004% to VND25,103.
Globally, the U.S. dollar firmed to its highest level in a week against major currencies on Monday before paring gains as renewed U.S.-Iran tensions and fading hopes for a Middle East peace deal sent investors toward safe haven, Reuters reported.
The dollar index, which measures the U.S. currency against six peers, was at 98.30, hovering near its highest in a week and recouping some of its recent losses.
The index is down 1.5% in April amid rising risk appetite on hopes for a peace deal. The index had surged 2.3% in March on haven demand after the war broke out.
A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. Photo by Reuters |
The euro last bought $1.1757 after hitting a one-week low of $1.1729 earlier in the session, while sterling was 0.11% lower at $1.3503.
The risk-sensitive Australian dollar fell 0.17% to $0.7155. The New Zealand dollar eased slightly to $0.5876. The yen weakened to 159.06 per dollar.
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