Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to conserve its shrinking currency reserves, a ...
After being branded a "currency manipulator" by the United States in December for trying to keep the dong from rising in value, Vietnam is again intervening in foreign exchange markets and using what ...
Vietnam is using the age-old tactic of currency depreciation to gain a competitive advantage over its Southeast Asian peers as nations look for ways to ease the burden from US President Donald Trump’s ...
The State Bank of Vietnam (SBV) has effectively devalued the dong currency by widening the exchange rate trading band to 5.0% from 3.0% on Monday, following a sharp fall in the currency resulting from ...
Currency speculators are being warned to take care with suggestions that investing in Vietnamese dong could propel them to riches. The idea that investors should put their money into the Vietnamese ...