Keeping A Stable Dong Outlook, But Risks Remain

November 2011
Asia Monitor: South East Asia Monitor Volume 1;Nov2011, Vol. 22 Issue 11, p3
Country Report
The article provides an outlook on Vietnam's economy which involves its dong (VND) currency. It mentions the potential moderation of inflationary pressures in the economy wherein high consumer prices slowed from 1.2% to 0.9% which limits selling pressure on the said currency. It also notes the efforts of State Bank of Vietnam (SBV) in discouraging the application of the U.S. dollar to maintain the stability of the Vietnamese money.


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