The U.S. dollar rose marginally against the Vietnamese dong Tuesday morning, hitting the highest since Jan. 26.
Vietcombank sold the dollar 0.08% higher at VND26,364.
On the black market the dollar declined 0.07% to VND27,980.
Globally the dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after U.S. President Donald Trump delayed the bombing of Iran’s power grid, a move that allayed fear of a prolonged war in the Middle East, Reuters reported.
The dollar index, which measures the U.S. currency against a basket of peers, rose nearly 0.2% to 99.35 after dipping to near a two-week low on Monday.
“The news overnight is giving a breather to volatility at least, but it’s difficult to see that this is going to trigger a risk-on trend,” said Rodrigo Catril, a currency strategist at National Australia Bank.
