A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey Nov. 11, 2021. Photo by Reuters
The U.S. dollar inched up against the Vietnamese dong Thursday morning amid a surge against major peers.
Vietcombank sold the greenback at VND25,554, up 0.03% from Wednesday.
The State Bank of Vietnam set its reference rate 0.03% higher at VND24,338.
The greenback was sold at 25,755 on the black market, down 0.17%.
It has risen 0.01% against the dong since the beginning of this month.
Globally the U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of tariffs, Reuters reported.
The euro eased to $1.03095, remaining close to the two-year low it hit last week as investors remain worried the single currency may fall to the key $1 mark this year due to tariff uncertainties.
The pound was little changed at $1.2353 in early Asian trading, after hitting its weakest since April on Wednesday as British government bond yields hit multi-year highs.
The dollar index, which measures the U.S. currency against six other units, was at 109.03, just shy of the two-year high it touched last week.
The index gained 7% last year as traders adjusted expectations of a measured pace of U.S. rate cuts.
