Dong Still Under Pressure

September 2009
Asia Monitor: South East Asia Monitor Volume 1;Sep2009, Vol. 20 Issue 9, p5
Country Report
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.


Related Articles

  • Inflation Scares and Forecast-Based Monetary Policy. Orphanides, Athanasios; Williams, John C. // Working Paper Series (Federal Reserve Bank of Atlanta);Oct2003, Vol. 2003 Issue 21, p1 

    Central banks pay close attention to inflation expectations. In standard models, however, inflation expectations are tied down by the assumption of rational expectations and should be of little independent interest to policy makers. In this paper, the authors relax the assumption of rational...

  • Pol�tica monetaria y aprendizaje.  // Bolet�n del CEMLA;ene-mar2004, Vol. 50 Issue 1, p9 

    No abstract available.

  • Rate Cut Surprises Markets.  // Emerging Europe Monitor: Central Europe & Baltic States;Jun2005, Vol. 12 Issue 6, p7 

    The article reports that the Czech National Bank (CNB) has its two-week repossessed rate by 25 basis points to 1.75% in April 2005, as a response to reduced inflation forecasts in 2006. Explaining the decision, which took most analysts and markets by surprise, central bank Governor Zdenek Tuma...

  • Interest Rates On Hold.  // Asia Monitor: South East Asia Monitor Volume 2;Jan2009, Vol. 20 Issue 1, p1 

    The article reports that the Philippines' Bangko Sentral ng Pilipinas (BSP) had its benchmark overnight lending and interest rates on hold at 7.50% and 5.50%, respectively, on November 20, 2008. The move was prompted by concerns over core inflation and the persistent weakness of the peso....

  • Aggressive Easing In 2012.  // Emerging Europe Monitor: Russia & CIS;Nov2011, Vol. 15 Issue 11, p12 

    The article presents an economic outlook of Mongolia. Business Monitor International Ltd. (BMI) forecasts that the central bank will continue to tighten its monetary policy after it rose to 25 basis point in August 2011. It projects that the consumer price inflation will cool down in the second...

  • Disinflationary Pressures To Keep Rates Stable.  // Latin America Monitor: Caribbean Monitor;Apr2010, Vol. 27 Issue 4, p7 

    The article discusses an economic outlook for Trinidad & Tobago, particularly disinflation. The central bank is likely to keep loose monetary policies as the weak economy triggers disinflation. Interest rates have been reduced by the central bank by 375 basis points to 5%. Retail price inflation...

  • Nigeria: Implications Of A Rate Hike.  // Emerging Markets Monitor;4/7/2008, Vol. 14 Issue 1, p22 

    The article examines the monetary policy rate of Nigeria. Due to the rising inflation, the Central Bank of Nigeria (CBN) raised the monetary policy rate by 50 basis points (bps) to 10.0% on April 1, 2008. Analysts are holding their projection for average 2008 inflation of 9.8% a forecast based...

  • Fewer Cuts in 2007.  // Latin America Monitor: Brazil Monitor;Feb2007, Vol. 24 Issue 2, p3 

    The article offers an economic analysis for Brazil's monetary policy for 2007. It is predicted that the country's monetary authorities will reduce both the speed and magnitude at which the benchmark Selic interest rate is cut. It is projected that there will be further monetary easing from the...

  • Economic Policy: Monetary Policy and Outlook.  // Morocco Country Monitor;Mar2012, p13 

    The article discusses the outlook of Morocco's monetary policy. It is considered that the country's central bank will continue to keep monetary policy accommodative given the risks to domestic economic growth and inflationary pressures. The faltering global economy is expected to affect the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics