The U.S. dollar slid against the Vietnamese dong Wednesday morning as it weakened against major currencies.
Vietcombank sold the greenback at VND26,361, down 0.008% from Tuesday. The currency was mostly firm at around VND27,100 on the black market.
The State Bank of Vietnam lowered its reference rate by 0.008% to VND25,106.
Globally, the dollar sank to its lowest level in a month while the euro, yen, Aussie and sterling rallied hard in Asian trading on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, Reuters reported.
The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, weakened for a third consecutive day to lows of 98.838, its weakest since March 11.
The yen strengthened 0.8% against the greenback to 158.36 per dollar. The euro was up 0.7% at $1.1674, while the British pound appreciated 0.8% to $1.34. The Australian dollar climbed 1.1% to $0.7054.
Elsewhere, the won strengthened 1.6% to 1,477.10. The kiwi dollar climbed 1.5% to $0.5819.
