HANOI (Bloomberg): Vietnam’s central bank said it sold dollars to some banks, intervening in the foreign exchange market as the currency fell to a record low.
The "intervening price” was 25,450 dong per dollar, State Bank of Vietnam said in a statement released after an official said intervention was possible today. The dong dropped to a record-low 25,463 per dollar on the day.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
