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Read More »Vietnam devalues its currency by 1 percent in response to devaluation of Chinese yuan
HANOI, Vietnam – Vietnam allowed its currency to weaken by 1 percent Wednesday following the devaluation of the Chinese yuan and with an eye to a possible U.S interest rate hike. The central bank-set reference rate weakened to 21,890 dong to the U.S. dollar and the trading band at which …
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