Dollar holds firm against dong

Vietcombank sold the greenback at VND26,356, unchanged from the weekened. The currency traded at around VND27,360 on the black market.

The State Bank of Vietnam kept its reference rate stable at VND25,101.

Globally, the yen weakened on Monday as Sanae Takaichi, an advocate of fiscal and monetary stimulus, appeared all but certain to become Japan’s next prime minister after reportedly securing crucial political backing for the top job, Reuters reported.

The safe-haven currency was also hit by an improvement in risk appetite after trade tensions between Beijing and Washington calmed somewhat, and worries about U.S. regional banks also eased.

The U.S. dollar added 0.3% to 150.96 yen following a drop of as much as 1.1% on Friday.

The dollar index was flat at 98.543. The Aussie gained 0.4% to $0.6511. The euro appreciated 0.1% to $1.1665.

Source:  https://e.vnexpress.net/