Vietnamese dong caught between rising dollar, falling yuan

Vietnamese dong caught between rising dollar, falling yuan

Vietnam’s central bank has to engage in a delicate balancing act as the US China trade war exerts inflationary pressures on the dong.
How does the depreciation of the Yuan impact on import and export companies?

How does the depreciation of the Yuan impact on import and export companies?

VCN - Contrary to the strong increasing movements of the USD, the Yuan of China is falling to its lowest rate since 2008.
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