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Update news depreciation
VietNamNet Bridge – Travel agencies complain that it is difficult to attract foreign travelers from some markets because of the depreciation of many foreign currencies against the dollar, which has made tours more expensive.
The State Bank of Vietnam puts high hopes on the one percent depreciation of the local currency it made in late June. However, economists believe that one should not be too optimistic about the move.
The Japanese central bank has decided to loosen the monetary policy in an effort to raise the inflation rate to 2 percent, which would bring benefits to many Vietnamese businesses.