U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong Tuesday morning, reversing a decline in the end of last week.
Vietcombank sold the greenback 0.11% higher at VND26,510.
The State Bank of Vietnam lowered its reference by 0.07% to VND25,273.
The dollar gained 0.11% to VND26,580 on the black market.
The dollar has risen 3.75% against the Vietnamese dong so far this year.
Globally the U.S. dollar surrendered gains in early trading in Asia on Tuesday after U.S. President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position for allegedly committing mortgage fraud, Reuters reported.
The dollar index fell 0.3% to 98.187 after Trump made the announcement in a letter to Cook that he posted on social media. The pullback came after the U.S. currency had registered its biggest daily gain of the month on Monday.
