U.S. dollar banknotes are seen in this illustration taken July 17, 2022. Photo by Reuters
The U.S. dollar strengthened against the Vietnamese dong Monday morning as it inched down against the euro.
Vietcombank sold the currency at VND26,335, up 0.06% from the weekend. On the black market, the greenback fell 0.04% to VND26,450.
The State Bank of Vietnam hiked its reference rate by 0.07% to VND25,182.
Globally, the euro rose against the greenback on Monday after the U.S. and the European Union announced a framework trade agreement, one of several recent deals aimed at easing global trade tensions, according to Reuters.
The euro rose 0.2% to $1.1763 and similarly strengthened against the yen to 173.78.
The dollar index, which measures the greenback against a basket of major currencies, slipped 0.1% to 97.534. The dollar held steady at 147.68 yen.
Sterling was slightly lower at $1.34385, down almost 0.1%. The Australian dollar strengthened 0.2% to $0.6576, while New Zealand’s kiwi dollar was flat at $0.6019.
