Brokerage predicts VND to devalue by around 3% in 2018

The Hanoitimes – In order to maintain the competitiveness of export products, the exchange rate still needs an adjustment at a moderate level. Bao Viet Securities Company (BVSC) in its latest report predicted that the Vietnamese dong (VND) will depreciate by around 3% in 2018.  In BVSC’s calculation model, the growth of Vietnam’s nominal effective exchange […]

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