A senior official of the State Bank of Vietnam has silenced rumours that the central bank has adjusted the currency band, saying the recent exchange rate fluctuations in the market still fall within ...
If Le Minh Hung and the SBV are able to stay the course with an undervalued but slowly appreciating currency for twenty or even thirty years, Vietnam has every chance to become the long-awaited ...
WASHINGTON--The U.S. Treasury has determined that Vietnam’s currency was undervalued in 2019 by about 4.7 percent against the dollar due in part to government intervention, according to a new ...