Vietnam's Dong May Advance, Standard Chartered Says
Vietnam's central bank will probably let its currency rise to the highest since October 2003 to combat inflation, Standard Chartered Plc says.
A stronger currency helps reduce prices of imported goods such as crude oil. Consumer-price increases slowed for the first time in 10 months in January as the dong headed for a fifth month of gains. The central bank last month widened the daily trading band for the currency, giving it more scope to rise...
Vietnam Business Finance: Vietnam's Dong May Advance, Standard Chartered Says