Vietnam State Treasury to buy $100mn in 3rd foreign currency purchase this year
This is the third foreign currency purchase by the State Treasury this year
Vietnam’s central bank begins currency intervention to address market volatility
The US$/VND exchange rate has been on an upward trajectory in recent days
US dollar takes deep plunge in Vietnam ahead of Tet holiday
Experts attribute the sudden plunge to a heavy sell-off of dollars in exchange for Vietnamese dong ahead of the Lunar New Year