Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Vietnam

Dong Stabilising… For Now

December 2009 | Economic Analysis

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The Vietnamese dong has experienced a higher degree of stability after the latest devaluation on November 25. However, we expect downside pressure on the currency to persist and are forecasting further devaluations in H110 as the trade deficit begins to widen again.