# U.S. Treasury says Vietnam currency was undervalued in 2019 in tire probe assessment | Reuters

> The U.S. Treasury concluded that Vietnam's currency was undervalued in 2019, according to a Reuters report tied to the tire anti-subsidy probe. The article text provided is truncated and offers few details beyond the headline.

- Date: 2020-08-26 · published 2020-08-26T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/51913-u-s-treasury-says-vietnam-currency-was-undervalued-in-2019-in-tire-probe
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A U.S. finding of currency undervaluation could open the door to countervailing duties on Vietnamese goods, which may shift import flows for tires and other products and affect dong-linked trade costs.

## Read by commodity

- USDVND: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/us-treasury-says-vietnam-currency-was-undervalued-in-2019-in-tire-probe-assess-idUSKBN25L24W/

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