Tag: "Vietnamese dong"

Exchange rate eases after July peak

Exchange rate eases after July peak

Money  -  2 month

The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.

Vietnamese dong weakened amid China's devaluing of yuan

Vietnamese dong weakened amid China's devaluing of yuan

Business  -  5 year

The weakened dong has come as part of the Chinese yuan devaluation in the previous day, with the reported devaluation of some 0.8 per cent year-to-date, which in turn partially benefiting local exporters but also worrying importers.

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