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Viet Nam: Competitive devaluation of the dong

Description

On 18 June 2014, the State Bank of Vietnam (SBV) has devalued the national currency, the dong (VND) by 1%, from 21,036 VND/USD to 21,246 VND/USD, effective the next day. The exchange rate band remains...

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Intervention Details

Intervention Type

Competitive devaluation

MAST Chapter

G: Finance measures

Implementation date

19 Jun 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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