# U.S. probing whether Vietnam undervalues its currency

> The U.S. is probing whether Vietnam undervalues its currency, citing its large trade surplus with the United States, a sizable current-account surplus, and central bank purchases of foreign currency. Vietnam has been on Washington's currency manipulator watch list.

- Date: 2020-10-03 · published 2020-10-03T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50907-u-s-probing-whether-vietnam-undervalues-its-currency
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A currency probe targeting Vietnam could lead to tariffs or policy changes affecting Vietnamese exports and dong moves, with limited direct effect on feed commodity prices.

## Read by commodity

- USDVND: neutral

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-vietnam-currency/u-s-probing-whether-vietnam-undervalues-its-currency-idUSKBN26O01L/

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