Thread: Dong daily rate virtually unchanged

Viet Nam's central bank left the value of the dong against the dollar virtually unchanged on Thursday in setting the daily exchange rate, a day after an effective 2% devaluation as the economy struggles with double-digit inflation and trade imbalances.
The State Bank of Viet Nam set the official rate at 16,458 dong to the dollar, up just 3 dong from 16,461 on Wednesday, which was still significantly lower than black market and offshore forwards market rates...
Full story: Vietnam Business Finance: Dong daily rate virtually unchanged