China is not the only Asian country that has recently devalued its currency nor are China exchange traded funds the only ones tracking countries in the region that have been slammed by the extreme ...

WASHINGTON (Reuters) -Vietnam has pledged not to deliberately weaken its dong currency to gain an export advantage, reaching an agreement with the U.S. Treasury to refrain from "competitive ...

HANOI (Reuters) - Vietnam devalued the dong currency for the second time this year on Thursday to support exports and curb import demand which has left it with a trade deficit. The move had been ...

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 ...

THE State Bank of Vietnam (SBV) signalled that it’s ready to defend the dong after the currency slipped to a record low amid bouts of US dollar strength. The central bank will continue monitoring the ...

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 ...

HANOI, Aug 1 (Reuters) - Vietnam will limit its devaluation of its dong currency at 2 percent this year and stick to its macroeconomic targets despite a slide in the yuan and a trade war between China ...

The downside to using dollars is that the prices will be converted into dong at the vendor's chosen exchange rate, which is usually rounded up to benefit the vendor, making it more expensive. Make ...

Vietnam allowed its currency to weaken by at least 1 per cent Wednesday following the devaluation of the Chinese yuan and the expectation of a possible U.S interest rate hike. The central bank-set ...

HANOI – 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 ...