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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. ....
U.S. trade agency drops tariff threat against Vietnam over currency practices msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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.
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.
Monday, 19 Jul 2021 11:29 PM MYT A Vietnam Dong note is seen in this illustration photo May 31, 2017. Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. WASHINGTON, July 19 The United States and Vietnam today said they had reached an agreement to resolve a dispute over the value of Hanoi’s dong currency, which Washington had briefly accused it of manipulating. Washington in April withdrew its accusation, but Vietnam remains on the US Treasury’s “Monitoring List” for scrutiny of its currency policies. The new agreement will resolve the dispute between the two countries, according to the joint statement. ....