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Vietnam promises US it will not devalue, dreaded Sri Lanka style 'monetary modernization' looms

Friday July 23, 2021
8:50 pm
DOMESTIC STABILITY: Vietnam central bank Governor Nguyen Thi Hong insisted that Dong at 23,000 was for domestic stability.
Friday July 23, 2021
8:50 pm
ECONOMYNEXT – Vietnam’s central bank has promised the US Treasury not to devalue the Dong which insisting that the monetary policy was aimed at domestic stability though the America has extracted a promise to allow “to improve exchange rate flexibility over time.”
A dreaded ‘modernization’ of monetary policy also looms, perhaps backed by the International Monetary Fund, which has been peddling flexible policy, that could bring Vietnam down in the future when the US tightens monetary policy. ....

Republic Of , United States , Sri Lanka , Paul Oneill , Janet Yellen , Indian Ocean , Steve Hanke , International Monetary Fund , Senate Banking Committee , Real Effective Exchange Rate Index , State Bank , Vietnam Dong , Nguyen Thi Hong , Treasury Secretary Janet Yellen , Vietnam Currency Manipulator Labels , Paulo Neill , Foreign Exchange Policies , Major Trading Partners , Bretton Woods , குடியரசு ஆஃப் , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீ லங்கா , பால் ஓனேிழில் , இந்தியன் கடல் , ஸ்டீவ் ஹான்கே , சர்வதேச பண நிதி ,

Vietnam promises US not to devalue, dreaded Sri Lanka style monetary 'modernization' looms

Vietnam promises US not to devalue, dreaded Sri Lanka style monetary 'modernization' looms
economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.

Republic Of , United States , Sri Lanka , Janet Yellen , Donald Trump , Indian Ocean , International Monetary Fund , Real Effective Exchange Rate Index , State Bank , Vietnam Dong , Nguyen Thi Hong , Treasury Secretary Janet Yellen , Vietnam Currency Manipulator Labels , Vietnam President , Bretton Woods , குடியரசு ஆஃப் , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீ லங்கா , டொனால்ட் துருப்பு , இந்தியன் கடல் , சர்வதேச பண நிதி , ரியல் பயனுள்ள பரிமாற்றம் ரேட் குறியீட்டு , நிலை வங்கி , வியட்நாம் டாங் , ஂக்யந் தி ஹாங் , வியட்நாம் ப்ரெஸிடெஂட் ,

Vietnam tells US it will not devalue, but dreaded Sri Lanka style monetary 'modernization' looms

Vietnam tells US it will not devalue, but dreaded Sri Lanka style monetary 'modernization' looms
economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.

Republic Of , United States , Sri Lanka , Janet Yellen , Donald Trump , Indian Ocean , International Monetary Fund , Real Effective Exchange Rate Index , State Bank , Vietnam Dong , Nguyen Thi Hong , Treasury Secretary Janet Yellen , Vietnam Currency Manipulator Labels , Vietnam President , Bretton Woods , குடியரசு ஆஃப் , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீ லங்கா , டொனால்ட் துருப்பு , இந்தியன் கடல் , சர்வதேச பண நிதி , ரியல் பயனுள்ள பரிமாற்றம் ரேட் குறியீட்டு , நிலை வங்கி , வியட்நாம் டாங் , ஂக்யந் தி ஹாங் , வியட்நாம் ப்ரெஸிடெஂட் ,

Dollar slips to Rs157.54 as rupee recovers 20 paisas

Daily Times
July 1, 2021
Pakistan rupee appreciated against the US dollar in the interbank for the second straight day on Wednesday and recovered another 20 paisas (+0.13 percent). According to the State Bank of Pakistan, the US dollar opened at Rs157.74 and closed at Rs157.54. Within the open market, the US dollar was traded at Rs158/158.50. Overall, Pakistani rupee gained 8 paisas against the US dollar during the last three days. However, the local unit has gained Rs10.50 against the greenback in the current fiscal year 2020-21 while appreciation has been Rs2.60 in 2021. Meanwhile, rupee’s Real Effective Exchange Rate Index (REER) decreased by 0.63 percent in May 2021 to a provisional value of 102.30 from the revised value of 102.95 in April 2021, showing an increase in trade competitiveness. According to the data released by the State Bank of Pakistan (SBP), the REER index has increased by 5.25 percent compared to May 2020. Similarly the Nominal Effective Exchange Rat ....

Effective Exchange Rate Index , Real Effective Exchange Rate Index , State Bank , Nominal Effective Exchange Rate Index , ரியல் பயனுள்ள பரிமாற்றம் ரேட் குறியீட்டு , நிலை வங்கி ,