Analyst Pin-board Vietnam at risk of being labelled as a currency manipulator
On 02 Oct 2020, the US Trade Representative (USTR) initiated an investigation regarding Vietnam’s currency manipulation. This investigation came after the US Department of Treasury concluded that Vietnam’s currency was undervalued in a specific trade case involving tires in Aug 2020. As Vietnam is already on the US Treasury’s watch list of currency manipulators, we suggest that investors should closely follow the investigation’s progress in order to have suitable actions in the future.
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