Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar fell against the Vietnamese dong Tuesday morning, hitting the lowest since March 18.
Vietcombank sold the greenback at VND26,320, down 0.11% from Monday. On the black market the dollar fell 0.46% to VND25,710.
Globally the yen steadied on Tuesday after a sharp drop in the previous session as the joint U.S.-Japan intervention failed to deliver a lasting boost, while the Australian dollar was at an eight-week high ahead of a policy decision from the country’s central bank, Reuters reported.
The yen firmed to 158.93 per U.S. dollar in Asian hours, but remained further away from the three-month high of 155.20 hit last week in the wake of the rare U.S.-Japan yen-buying intervention at the end of July.
The U.S. dollar was steady against most major currencies as oil prices hovered near one-week highs amid dimming hopes of a deal between the U.S. and Iran to end the conflict in the Middle East. The euro fetched $1.1544 while sterling was at $1.3509 in Asian hours.
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