US’s branding of Vietnam as money manipulator biased: Experts Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
22/12/2020 18:00 GMT+7
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
The headquarters of the State Bank of Vietnam
Vietnam does not depreciate Vietnam dong
BIDV Chief Economist Can Van Luc and experts from the BIDV Training and Research Institute described the labelling as a unilateral action that fails to look into the characteristics of Vietnam’s economy and the recommendations of international institutions regarding its economy.
U.S. fund easing poses challenges to Taiwan s forex market: central bank
12/17/2020 09:53 PM
Central Bank Governor Yang Chin-long
Taipei, Dec. 17 (CNA) Taiwan s Central Bank Governor Yang Chin-long (楊金龍) said Thursday that a move by the United States to ease its monetary policy to pump large funds into the economy has posed challenges for Taiwan in its attempts to maintain the stability of the foreign exchange market.
Speaking at a news conference after the central bank s quarterly policy-making meeting, Yang said amid the current super easing policy adopted by Washington to take on the economic impact resulting from COVID-19, many countries have seen their currencies rise as ample funds in the U.S. sent the American unit lower.