U.S. dollar bills. Photo by Unsplash/Colin Watts
The U.S. dollar rose against the Vietnamese dong Thursday morning while swinging around the highest level this year against major peers.
Vietcombank sold the dollar 0.01% higher at VND26,314.
On the black market the greenback declined 0.18% to VND27,910.
Globally the safe-haven U.S. dollar hovered close to its strongest levels this year on Thursday as climbing oil prices threatened to spur inflation and force central banks globally to adopt more hawkish policy stances, Reuters reported.
The euro fell 0.1% against the greenback to $1.1549 in early Asian trading, nearing its lowest level since November.
Japan’s yen briefly declined past the 159-per-dollar mark, easing as much as 0.2% to 159.23 and approaching its weakest level since July 2024.
The Australian dollar dropped 0.1% at $0.7148, while the New Zealand dollar slid 0.1% to $0.5907.
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