A close-up of a dollar bill. Photo by Pixabay/amrothman
The U.S. dollar rose against the Vietnamese dong Tuesday as it held steady among major peers as investors see little change in peace talk prospects in the Middle East conflict.
Vietcombank sold the greenback 0.02% higher at VND26,379.
On the black market the dollar declined 0.34% to VND26,380.
Globally the U.S. dollar held its ground on Tuesday as talks to end the war in the Middle East showed no signs of progress, pushing oil prices higher and worrying investors that interest rates may need to stay higher to tackle inflationary pressures, Reuters reported.
The euro last bought $1.1775, while sterling was at $1.3602, both steady on the day. The dollar index, which measures the U.S. currency against six others, was at 97.98.
The dollar initially benefited from safe haven flows when the war first broke out but has since given up much of those gains and remains choppy on shaky prospects of a peace deal and a ceasefire that appears to be hanging by a thread.
