# Việt Nam’s monetary policies do not create unfair gains in international trade: SBV

> The State Bank of Vietnam said it does not use exchange rates to gain an unfair trade advantage, responding to the US Treasury keeping Vietnam on its currency-monitoring list. The bank said it will set monetary policy to control inflation and support growth. Its statement was issued after the Treasury's semi-annual report to Congress.

- Date: 2020-01-15 · published 2020-01-15T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/55388-viet-nam-s-monetary-policies-do-not-create-unfair-gains-in-international-trade
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The statement reduces the risk of deliberate currency weakening to boost exports, so it has little direct effect on feed commodity prices.

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/571172/viet-nams-monetary-policies-do-not-create-unfair-gains-in-international-trade-sbv.html

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