The U.S. dollar dipped against the Vietnamese dong Wednesday and was on track to end September higher against major peers.
Vietcombank sold the greenback at VND26,160, down 0.04% from Tuesday morning. On the black market, the currency was firm at around VND25,950.
Globally, the dollar stood near this year’s high versus the euro on Wednesday and was poised for the largest monthly rise against it in 14 months, powered by US growth and rising US interest rates in contrast to the energy and debt worries swirling in Europe, Reuters reported.
The greenback was on track for a monthly gain of 2%, aided by the rise in US yields. Sterling touched a three-month trough on Tuesday and last sat nearby at $1.3237.
The euro traded at $1.1337 after hitting its lowest since May 2025 at $1.1312 in the previous session. The dollar is up nearly 2.5% on the euro in September and it is set to notch a third straight quarterly rise.
The dollar has dropped 2% on the yen in September and almost 3.8% over the third quarter, touching an almost two-week low at 156.38 in Asia trade.
The dollar also hit a nearly 17-month top on the Swiss franc on Tuesday at 0.8358 francs, in part because investors have gone looking for low-yielding alternatives to the yen to sell in search of carry elsewhere.
