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  1. #1
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    Default Dong Halts 3-Day Drop; Central Bank Sets Stronger Rate

    VietNam's dong halted three days of declines after the central bank set a stronger reference rate.
    The currency was little changed at 16,623 against the dollar as of 10:23 a.m. in Hanoi, according to data compiled by Bloomberg. The dong yesterday slumped 2 percent after the State Bank of Vietnam lowered its reference rate to 16,461. The State Bank set today's rate at 16,458, and banks are allowed to trade the currency up to 1% on either side of this rate...
    Full story: Vietnam Stock Market News: Dong Halts 3-Day Drop; Central Bank Sets Stronger Rate

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