The U.S. dollar fell slightly against the Vietnamese dong but edged higher against major global currencies on Tuesday morning.
At Vietcombank, the dollar was sold at VND 26,240, down 0.008%. The State Bank of Vietnam raised its reference rate by 0.02% to VND 24,998. Meanwhile, on the black market, the dollar gained 0.11% to VND 26,320.
Globally, the dollar strengthened slightly as the Japanese yen fluctuated following the Bank of Japan’s decision to keep interest rates steady and slow its balance sheet reduction next year, Reuters reported.
The Bank of Japan held short-term interest rates at 0.5%, as expected, after its two-day monetary policy meeting. It also introduced a new bond tapering plan for fiscal 2026.
The yen remained volatile and was last slightly stronger at 144.70 per dollar. Market watchers are now focused on comments from BOJ Governor Kazuo Ueda during a post-meeting press conference later in the day.
Against a basket of currencies, the dollar stayed steady at 98.15.
Elsewhere, the euro remained mostly unchanged at $1.1561, while the British pound traded at $1.3574.