Dollar Soars Against Vietnamese Dong Amid Global Currency Fluctuations
The US dollar has strengthened against several major currencies, including the Vietnamese dong and Japanese yen. On Friday morning, Vietcombank increased the selling price of the dollar by 0.04% to VND26,430 from Thursday's rate.
Concurrently, black-market trading for the dollar saw a slight dip of 0.04%, bringing the currency down to VND26,100. However, the State Bank of Vietnam's reference rate for the dollar escalated by 0.12% to VND25,463, aligning with the global trend.
The US dollar's upward momentum follows a bout of uncertainty surrounding a potential peace deal with Iran, which bolstered its appeal as a safe-haven currency.