Dollar slips against dong

Vietcombank sold the greenback at VND26,070, down 0.19% from the weekend. The currency was 0.53% lower at VND26,350 on the black market.

The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,843.

Globally, the dollar dived on Monday as investor confidence in the U.S. economy took another hit over President Donald Trump's plans to shake up the Federal Reserve, which would throw into question the independence of the central bank, Reuters reported.

White House economic adviser Kevin Hassett said on Friday that the president and his team were continuing to study whether they could fire Fed Chair Jerome Powell, just a day after Trump said Powell's termination "cannot come fast enough" as he called for the Fed to cut interest rates.

The dollar sank to a decade-low against the Swiss franc and slid to its weakest level against the yen in seven months, while the euro surged to a three-year top as an ongoing crisis of confidence in the greenback continued to play out.

Against a basket of currencies, the dollar slid to a three-year low of 98.267 on Monday.

The euro peaked at $1.153275, while the dollar hit a 10-year trough of 0.80695 against the Swiss franc and last traded 1.1% lower at 140.63 yen.

Sterling was up more than 0.5% at $1.3380, its highest since Oct. 1, while the Australian dollar hit a two-month high of $0.64015.