December 17, 2020

Asia

VIETNAM: After dong-manipulation finding, what comes next?

BY Bob Herrera-Lim

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( 3 mins) The US Treasury Wednesday labeled Vietnam a currency manipulator along with Switzerland, after both countries met its three criteria for the designation. Hanoi claimed Thursday morning its currency policies only promote macroeconomic stability and are not meant to provide an unfair advantage to its exports. The designation has no immediate effects, and subsequent actions will […]

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