Thread: Vietnam sets official dong at record low

Vietnam's central bank set the daily official dong exchange rate on Wednesday at a record low of 16,519 dong per dollar , reflecting the continued pressure on the currency from rising inflation and imports...

Full story: Vietnam Stock Market News: Vietnam sets official dong at record low

Originally Posted by tungsteng

Vietnam's central bank set the daily official dong exchange rate on Wednesday at a record low of 16,519 dong per dollar , reflecting the continued pressure on the currency from rising inflation and imports...

Full story: Vietnam Stock Market News: Vietnam sets official dong at record low

Interesting,

With both the dollar and the dong going in same direction, lower, this one does not look promising in light of inflation pressures on both.

Good luck to all, Mike