TITLE

Dong Still Under Pressure

PUB. DATE
September 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Sep2009, Vol. 20 Issue 9, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article forecasts the performance of Vietnamese dong. It is projected that the currency will depreciate later of 2009, but highlight upside risks to 19,000 Vietnamese dong per one U.S. dollar. It is also adjusted the forecast for end-2010 from 19,000 Vietnamese dong per one U.S. dollar to 19,000 Vietnamese dong per one U.S. dollar, as inflationary pressures building and the central bank being given a stronger mandate for inflation-targeting in 2010.
ACCESSION #
43692427

 

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