# Vietnamese PM Plays Down American Claims of Currency Manipulation – The Diplomat

> Vietnamese Prime Minister Nguyen Xuan Phuc denied that Vietnam manipulates its currency to gain export advantages, responding to the US probe. He asked President Trump for a more objective assessment, warning that devaluation would hurt the economy.

- Date: 2020-10-27 · published 2020-10-27T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50912-vietnamese-pm-plays-down-american-claims-of-currency-manipulation-the-diplomat
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The political exchange raises the risk of US trade action against Vietnam, but the immediate effect on feed commodity prices is small.

## Read by commodity

- USDVND: neutral

## Sources

- thediplomat.com: https://thediplomat.com/2020/10/vietnamese-pm-plays-down-american-claims-of-currency-manipulation/

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