Global Trade Alert
Global Trade Alert

Vietnam: Fifth devaluation of the Dong

Announcement

17 Aug 2010

In August 2010, the government of Vietnam announced the devaluation of its national currency.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Aug 2010

Revocation date:

No revocation date

Updated: 17 Aug 2010
Competitive devaluation In force
On 17 August 2010, the State Bank of Vietnam has devalued the national currency, the Dong, for the fifth time since 2008. Applicable from 18 August 2010, the official exchange rate between the US Doll...
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