Dollar gains over dong

Vietcombank sold the greenback at VND26,401, up 0.03% over the weekend. On the black market, the currency gained 0.1% to around VND27,880.

The State Bank of Vietnam raised its reference rate by 0.03% to VND25,144.

Globally, the dollar was steady and traders wary on Monday as intervention risks swirled around the yen, with the gilt market on edge ahead of a British budget in a holiday-interrupted week where a New Zealand policy meeting is also expected to deliver a rate cut, Reuters reported.

The dollar index was mostly steady at 100.15 and other majors were held fairly close to recent lows.

Sterling traded at $1.3097 ahead of Wednesday's budget announcement. A holiday in Tokyo lightened trade in the Asia day and left the yen on hold at 156.53 per dollar.

The New Zealand dollar was clinging on at $0.5609, having slid nearly 8% since July on a souring economic outlook. The Australian dollar was at $0.6460, with traders looking ahead to Wednesday's CPI reading, which will be the first full release of monthly price data.

Elsewhere the euro was held in check at $1.1520, without much of a boost despite a resurgence in wagers on a U.S. rate cut in December.