Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado Nov. 3, 2009. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong but dropped against major peers Tuesday morning as expectation of reduced geopolitical risks boosted investor sentiment.
Vietcombank sold the greenback 0.12% higher at VND26,310.
The State Bank of Vietnam hiked its reference rate by 0.12% to VND25,058.
On the black market the dollar gained 0.09% to VND26,420.
Globally the dollar fell on Tuesday while the Australian and New Zealand dollars rose after U.S. President Donald Trump announced a ceasefire between Israel and Iran, in news that sent investors cheering and sparked a risk rally across markets, Reuters reported.
The dollar, which last week drew support from safe-haven demand, fell broadly in the wake of the news.
Against the yen, the greenback was down 0.37% at 145.60.
The euro rose 0.12% to $1.1592 and sterling advanced 0.11% to $1.3541.
The yen and euro benefited from the slide in oil prices as both the E.U. and Japan rely heavily on imports of oil and liquefied natural gas, while the United States is a net exporter.
