# Vietnam Firm On Monetary Policies As US Treasury Drops Currency Manipulator Label  | Vietcetera

> 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.

- Date: 2021-04-19 · published 2021-04-19T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/47897-vietnam-firm-on-monetary-policies-as-us-treasury-drops-currency-manipulator
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Removing the designation reduces the risk of US trade penalties on Vietnam, with minimal direct impact on feed commodity prices.

## Sources

- vietcetera.com: https://vietcetera.com/en/vietnam-firm-on-monetary-policies-as-us-treasury-drops-currency-manipulator-label

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.