Tags: nguyen tri hieu

How much value will the dong lose this year?

How much value will the dong lose this year?

Some international institutions have predicted that the dong will depreciate by 5% this year, while economists have urged the government to devalue the currency by more than 10%.

Speculation blamed for forex volatility

Speculation blamed for forex volatility

As the greenback has been soaring against the dong in recent weeks, financial commentators have suggested this may be a result of dollar speculation in the forex market.