Calyon expects further depreciation in Vietnam dong
The State Bank of Vietnam devalued the currency 5.4% to curb a widening trade deficit and present a more rapid decline in foreign exchange reserves. However, there are fears it could fuel further inflation pressures.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts