Vietnam Ready to Act to Stabilize Dong, Will Boost Liquidity

Vietnam’s central bank said it’s prepared to intervene to ensure stability in the foreign exchange market, vowing to also contain inflation and improve liquidity issues facing the banking system.

By Nguyen Dieu Tu Uyen · Bloomberg Markets

Vietnam’s central bank said it’s prepared to intervene to ensure stability in the foreign exchange market, vowing to also contain inflation and improve liquidity issues facing the banking system.