Vietnam devalues currency to tackle deficit, inflation - Breaking News Allvoices

News Stories Related To: Vietnam devalues currency to tackle deficit, inflation

Hanoi : Vietnam | over 3 years ago  
Vietnam on Friday devalued its currency for the fourth time in 15 months as the country tries to control a trade deficit and rising inflation. The average interbank exchange rate was...
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
     
  • Read full report
Credibility Credibility of 5

Related news stories

  • US trade deficit balloons in 2010

      BBC | over 3 years ago
    Imports from China hit record levels, totalling $364.9bn for the year. For the month of December, the deficit widened by 5.9% to $40.6bn, after imports outpaced exports.
  • U.S. trade gap widens to 3-month high

      CNN | over 3 years ago
    The U.S. trade gap widened to a three-month high in December, the government said Thursday. The trade balance, which measures the difference between the nation's imports and exports, grew to a $40.6 billion deficit in December, up from $38.3 billion...
  • US trade gap widens to $40.6 bn on imports surge

      Sydney Morning Herald | over 3 years ago
    The Commerce Department reported the country's trade deficit in goods and services rose to a seasonally adjusted $40.6 billion, from $38.3 billion in November. The rise was slightly above the $40.4 billion expected by most analysts, but remained...
  • Trade gap widens in Dec, swells 33 pct in 2010 (Reuters)

      Turks and Caicos Free Press | over 3 years ago
    The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said on Friday in a report that also showed the annual trade gap expanded nearly 33 percent in 2010 as imports from China hit record levels. The...
  • Trade deficit widens to $40.6 billion in December

      San Diego Union-Tribune | over 3 years ago
    The trade deficit widened in December, closing out a year in which America's trade gap ballooned by the largest amount in a decade. The Commerce Department says the deficit in December increased 5.9 percent to $40.6 billion. It grew because a 2.6...
  • U.S. Trade Deficit Widens

      Asian Wall Street Journal | over 3 years ago
    The U.S. trade gap widened in December, with the full-year trade gap registering its biggest percentage increase in 10 years. Still, exports continued their upward trend, setting a pace to achieve the Obama administration's goal of doubling by 2015.
  • Vietnam devalues currency in inflation fight

      Financial Times | over 3 years ago
    The devaluation, the fourth since November 2009, is designed to narrow the gap between the official and black market dong-dollar exchange rates, which had widened to over 10% as Vietnamese consumers and businesses hoarded dollars and gold because of...
  • Vietnam devalues currency by 8.5 percent

      Taiwan News | over 3 years ago
    The State Bank of Vietnam said in a statement on its website that the U.S. dollar will buy 20,693 Vietnamese dong compared with the previous rate of 18,932 dong per dollar. The statement also said the bank has narrowed the band in which the dong can...


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.