Vietnam devalues the Dong

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Vietnamese central bank devalued the currency and decreased interest rate cap on deposits in dollars in order to increase country's foreign currency holdings and improve the situation of balance of payments. The move came after Vietnam announced that imports were higher than exports by $1.4 billion. The State Bank of Vietnam decreased its reference rate 1% to 21,036 per Dollar.
Back to articles

Actual Topics

Fri, 28 Jun 2013 07:40:14 GMT

Yen falls amid surge in stocks

The Japanese Yen is heading towards a second consecutive week of weakening against the U.S. Dollar and the currency depreciated against 16 of its major peers so far today. The rise in stocks decreased demand for the Yen, which lead it to fall 0.5% and 0.7% against the U.S. Dollar and the Euro respectively. The Asian shares rose as PBoC

Thu, 27 Jun 2013 16:12:06 GMT

Hong Kong shares climb for third day amid U.S. report, China

Hong Kong shares inched up for the third day as slower-than-predicted U.S. economic expansion showed that the record bond purchases may be kept and on speculation the recent fall in the city's stocks has been overdone. The Hang Seng Index advanced 0.5% to 20,440.08 and the Hang Seng China Enterprises Index dropped 0.1% to 9,158.61.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.