Vietnam central bank widens dong trading band, currency hits record low

HANOI: The State Bank of Vietnam (SBV) has effectively devalued the dong currency by widening the exchange rate trading band to 5.0% from 3.0% on Monday, following a sharp fall in the currency resulting from fluctuations in the global market. The dong fell 0.66% to a record low of 24,270 per dollar on Monday, Refinitiv Eikon […]

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