# Vietnam Reiterates It Does Not Use Currency for Unfair Trade - Bloomberg

> Vietnam's central bank rejected the U.S. Treasury's designation of the country as a currency manipulator. It said its exchange rate is not used to create an unfair competitive advantage in international trade.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/49954-vietnam-reiterates-it-does-not-use-currency-for-unfair-trade-bloomberg
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

This is a reaction to the U.S. designation and does not change trade flows or feed commodity supply and demand.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-12-17/vietnam-reiterates-it-does-not-use-currency-for-unfair-trade

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