Dollar slides against dong

Vietcombank sold the greenback at VND26,403, down 0.06% over the weekend. The currency traded at around VND26,730 on the black market.

The State Bank of Vietnam reduced its reference rate by 0.06% to VND25,146.

Globally, the yen tumbled the most against the U.S. dollar in five months on Monday after Sanae Takaichi won the LDP leadership election at the weekend, setting the country on course for more expansionary fiscal policy and complicating the task facing the Bank of Japan, Reuters reported.

The yen sank 1.9% to 150.35 yen on the dollar, its biggest one-day slide since May 12, wiping out the gains it made in the past two months.

The euro stood at $1.1723, down 0.2% so far in Asia, after French Prime Minister Sebastien Lecornu on Sunday named Roland Lescure, a close ally of President Emmanuel Macron, as finance minister in a new government that political rivals threatened to topple quickly if it failed to break with past Macron policies.

The kiwi reversed earlier losses and was last trading flat at $0.5832, reversing a six-day winning streak ahead of the Reserve Bank of New Zealand's meeting on Wednesday, where it is narrowly expected to cut its key interest rate by 25 basis points to 2.75%.

The Australian dollar fetched $0.6603, up 0.1% in early trade. Sterling was changing hands at $1.3450, down 0.2% so far on the day.