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1. www.reuters.com › business › financeVietnam pledges not to devalue currency in agreement with U.S ...

   www.reuters.com › business › finance

   Jul 19, 2021 · 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 devaluation" and make its...

2. www.reuters.com › markets › asiaEXCLUSIVE Vietnam may widen dong trading band again to ...

   www.reuters.com › markets › asia

   Oct 26, 2022 · When the SBV last widened the band around its daily dong reference rate on Oct. 17 to 5% from 3% -- which some traders likened to a de facto devaluation -- the currency fell to the weak end in...

3. capital.com › vietnamese-dong-forecast-vndVietnamese Dong Forecast | Is VND a Good Investment?

   capital.com › vietnamese-dong-forecast-vnd

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   • What Affects The Vietnamese Dong’s Value?
   • VND Not Immune to Dollar Strength
   • Vietnamese Dong Forecast: How Will The VND Fare Against USD and EUR?

   The Vietnamese dong was introduced in North Vietnam in 1946 to replace the French Indochinese piastre, and became the South Vietnam currency in 1953. The two versions were unified when the country became one in 1978. The dong was revalued in September 1985 at a rate of 10 old dong to one new dong. The State Bank of Vietnam sets the reference rate f...

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   The value of the Vietnamese dong against the US dollar gradually declined from the 2014 devaluation, when it was trading around 21,000, to around 23,600 in March 2020 as investors sought the safe haven of the USD at the start of the Covid-19 pandemic.

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   Analysts at Japanese financial services firm Mizuhoexpected the US dollar to remain strong against emerging market currencies: Mizuho’s Vietnamese dong forecast for 2022 indicates that the USD/VND pair could trade in a 23,300-24,200 range during the fourth quarter and end the year at 23,700. The pair could then retreat from the peak above 24,000 to...

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4. theculturetrip.com › asia › vietnamVND: Explaining Vietnam's Currency - Culture Trip

   theculturetrip.com › asia › vietnam

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   Dec 26, 2017 · The currency has been revalued five times since 2014, but the adjustments have been small, and the prevailing belief is that the state bank won’t need to take any drastic monetary action in the near future. The days of rampant inflation are gone, and despite the laughter of newcomers when they jokingly call themselves millionaires, the ...

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5. www.cnbc.com › 19 › vietnam-devalues-the-dongVietnam devalues the dong - CNBC

   www.cnbc.com › 19 › vietnam-devalues-the-dong

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   Aug 19, 2015 · The State Bank of Vietnam (SBV) devalued the dong (VND) by 1 percent against the dollar on Wednesday—its third adjustment so far this year—and simultaneously widened the trading band to 3 ...

   • Video Duration: 4 min

6. www.ft.com › content › ddbb0afc-a683-398b-b896-54292Vietnam devaluation fails to stem dong’s fall | Financial Times

   www.ft.com › content › ddbb0afc-a683-398b-b896-54292

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   Aug 18, 2010 · Cardiff Garcia. August 18 2010. Vietnam must have hoped that Tuesday’s devaluation of the dong would stem the downward pressure on the currency, but on Wednesday it was trading even lower on the...

7. thediplomat.com › 2021 › 07Vietnam, US Reach Accord on Alleged Currency Manipulation

   thediplomat.com › 2021 › 07

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   Jul 20, 2021 · July 20, 2021. Credit: Depositphotos. Vietnam has reached an agreement with the United States over charges of currency manipulation, pledging to refrain from the “competitive devaluation” of...