Vietnam extends dong band to curb inflation
The central bank widened the band at which the dong trades against the dollar from within 0.75% of the official exchange rate to 1%. It also lifted its official exchange rate to D16,025 against the greenback.
The government revealed the measure last week after inflation rocketed to 15.7% in February, a 12-year high. The central bank was expected to widen the band to 2% as
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