# Vietnamese Dong Flat as US Labels Vietnam, Switzerland Currency Manipulators

> The Vietnamese dong traded flat against the U.S. dollar after the Treasury labeled Vietnam and Switzerland currency manipulators. The dong has moved sideways for most of 2020, and the Swiss National Bank said it remains willing to intervene in the foreign-exchange market.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/49956-vietnamese-dong-flat-as-us-labels-vietnam-switzerland-currency-manipulators
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Currency moves of this size do not shift feed or grain supply and demand. The designation is a policy event with limited immediate price impact.

## Sources

- fxdailyreport.com: https://fxdailyreport.com/vietnamese-dong/

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