An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The U.S. dollar rose against the Vietnamese dong Monday morning while trading higher against major currencies.
Vietcombank sold the greenback at VND26,130, up 0.08% over the weekend. On the black market, the currency gained 0.12% to around VND25,810.
The State Bank of Vietnam raised its reference rate by 0.04% to VND25,607.
Globally the dollar firmed on Monday, with the yen wobbling near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan later this week, while rising oil prices due to the intensifying war in the Gulf dampened sentiment, Reuters reported.
The U.S. dollar index, which measures the greenback against six other currencies, was 0.12% higher at 99.22 after two straight weeks of meager declines. The euro was 0.1% softer at $1.1585, while sterling last bought $1.3516.
The Japanese yen was 0.3% weaker at 154.03 per U.S. dollar, though it remained not far from the seven-month high of 152.89 that it touched last week.
Meanwhile, Brent crude futures rose nearly 3% to $107.6 per barrel after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.
