date:Jul 21, 2021
The US Treasury Department and Vietnams Central Bank claim they have reached an agreement under which Vietnam will allow more flexibility in its currency. This would ease a dispute in which the US had discussed whether to impose tariffs on the Asian nation.
In a joint statement, the Bank and the US Treasury have stated: The State Bank of Vietnam will continue to improve exchange-rate flexibility over time, allowing the Vietnamese dong to move in line with the stage of development of the financi