Vietnam reiterates dong policy after manipulator label dropped


HANOI, Sept 17 (Bloomberg): Vietnam’s central bank reiterated its exchange-rate management policy was in line with other economic goals after the U.S. Treasury Department removed the nation from its currency manipulator list.

The State Bank of Vietnam said its monetary policies are not meant "to create an unfair competitive advantage in international trade” for Vietnam, and are intended to control inflation and support growth, according to a statement on Saturday.

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