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Vietnam Can’t Keep Currency Up – Devalues Dong 3rd Time This Year, Widened Trading Bands

19-8-2015 < The Unhived Mind 196 61 words
 
Vietnam Can’t Keep Currency Up – Devalues Dong 3rd Time This Year, Widened Trading Bands Tyler Durden’s pictureSubmitted by Tyler Durden on 08/18/2015 21:49 -0400 http://www.zerohedge.com/news/2015-08-18/vietnam-cant-keep-currency-devalues-dong-3rd-time-year-widened-trading-bands Asian currency war contagion is spreading. Tonight’s victim is the Dong with Vietnam ‘devaluing’ the reference rate (for the 3rd time this year) by 1% to 21,890 and also widened the trading bands from […]
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