The U.S. dollar on Tuesday morning rose against the Vietnamese dong while remaining stable against major peers.
Vietcombank sold the greenback 0.008% higher at VND26,389. On the black market the dollar gained 0.53% to VND26,530.
Globally the dollar found support at the start of Asian trading on Tuesday after U.S. President Donald Trump said he had paused a planned attack against Iran to allow negotiations and bond markets stabilized after a two-day selloff, Reuters reported.
The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, held steady at 99.026, attracting bids after easing fears of an escalation in the war pushed the gauge 0.3% lower on Monday, snapping a five-day winning streak.
“Sentiment stabilized after reports that the U.S. President had called off a planned strike on Iran following appeals from Persian Gulf leaders,” Westpac analysts wrote in a research note.
