# Interest rate policy not designed to gain export advantages, PM Phuc says

> Prime Minister Nguyen Xuan Phuc told a US delegation led by DFC CEO Adam Boehler that Vietnam's interest rate policy is not designed to gain export advantages. He said a dong devaluation would seriously affect macroeconomic stability.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50915-interest-rate-policy-not-designed-to-gain-export-advantages-pm-phuc-says
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The statement reflects Vietnam's stance in the currency dispute with the US, with little direct impact on feed commodity markets.

## Read by commodity

- USDVND: neutral

## Sources

- en.baochinhphu.vn: https://en.baochinhphu.vn/interest-rate-policy-not-designed-to-gain-export-advantages-pm-phuc-says-11139586.htm

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