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The U.S. Treasury removed Vietnam's currency manipulator designation, saying it found insufficient evidence under a 1988 law that Vietnam manipulated exchange rates for trade advantage. The State Bank of Vietnam welcomed the decision and said its policy aims to control inflation and support growth.
Removing the designation reduces the risk of US trade penalties on Vietnam, with minimal direct impact on feed commodity prices.
vietcetera.comHiezle BualApr 19, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
