Vietnam's Currency Market

Vietcombank sold the U.S. dollar 0.02% higher at VND26,508, while the State Bank of Vietnam lowered its reference rate by 0.11% to VND25,246. On the black market, the dollar gained 0.56% to VND26,870.

Global Currency Pressures

Globally, the British pound and yen faced significant pressure on Wednesday due to renewed investor concerns about government finances worldwide and political uncertainty in Japan, as reported by Reuters.

Yen and Pound Performance

In Japan, the yen fell 0.2% to 148.62 per dollar, following a 0.8% decline in the previous session. This drop occurred after Hiroshi Moriyama, a close aide to Prime Minister Shigeru Ishiba and secretary general of the ruling party, announced his intention to resign.

The British pound traded 0.12% lower at $1.3378, reflecting broader market anxieties.