U.S. dollar bills. Photo by Unsplash/Andrew Dawes
The U.S. dollar rose against the Vietnamese dong Tuesday morning and rose slightly against major peers.
Vietcombank sold the greenback 0.008% higher at VND26,363. On the black market the dollar dropped 0.91% lower to VND27,100.
Globally the dollar stood just shy of recent highs on Tuesday as traders counted down to a U.S.-imposed deadline for Iran to reopen the Strait of Hormuz to shipping or face attacks on its infrastructure, Reuters reported.
The yen slipped to 159.80 to the dollar, not far from multi-decade troughs and levels that drew intervention in 2024.
“The market is long USD in case of further escalation, but stocks, gold and CNH trade well and put a lid on dollar gains,” said Brent Donnelly, president at Spectra Markets.
The U.S. dollar index edged 0.05% up at 100.03. It hit 100.64 last week, its highest since May 2025.
