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VND depreciation
Update news VND depreciation
VND slight depreciation believed to be the best choice
The current factors of the national economy allow to stabilize the dong/dollar exchange rate. However, economists believe that it would be better to depreciate the local currency slightly so as to encourage exports.
VND depreciation won’t be sharp enough to give people a start
VietNamNet Bridge – No one thinks that the dong would be devaluated by 2 percent by the end of the year. In general, Vietnam would need more than 3 months for such a big currency devaluation.
