Announcement
18 Jun 2014
In June 2014, the government of Viet Nam announced the devaluation of its national currency.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Jun 2014
Revocation date:
No revocation date
Updated: 18 Jun 2014
Competitive devaluation
In force
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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