Exchange rate eases after July peak
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.
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.
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.
Data is Updating!