# What’s Wrong With the US Treasury Claim of Vietnamese Undervaluation | The Belfer Center for Science and International Affairs

> Jeffrey Frankel of the Belfer Center criticized the U.S. Treasury's finding of a 4.7% undervaluation of Vietnam's currency. He argued the finding lacks support given Vietnam's small current account surplus and modest reserves.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/51916-what-s-wrong-with-the-us-treasury-claim-of-vietnamese-undervaluation-the-belfer
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The commentary suggests the U.S. currency finding could be used to justify countervailing duties, which would affect Vietnamese trade flows but has little direct price impact on feed grains.

## Sources

- belfercenter.org: https://www.belfercenter.org/publication/whats-wrong-us-treasury-claim-vietnamese-undervaluation

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