U.S. Treasury to Name-Shame Vietnam for Manipulating Its Dong

By CCN: Writing for Bloomberg, Michelle Jamrisko and Nguyen Dieu Tu Uyen report Vietnam is at risk of being labeled a currency manipulator. Vietnam is going to be labeled that – by whom? The U.S. federal government and socialist financial system? They’re the biggest currency manipulators of all. Jamrisko and Nguyen write: “Vietnam may be the latest country to be targeted by the U.S. as a currency manipulator in a twice-yearly Treasury report on foreign currencies expected this month. The Southeast Asian nation is coming under scrutiny for artificially holding down the value of the dong, people familiar with the

The post U.S. Treasury to Name-Shame Vietnam for Manipulating Its Dong appeared first on CCN

Source: https://www.ccn.com/u-s-treasury-to-name-shame-vietnam-for-manipulating-its-dong

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.