Pantheon Macroeconomics

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21st Oct 2022 15:07Emerging Asia, Weekly Monitor

The SBV last week widened the dong’s daily trading band to ±5%; it last did so in 2015, to ±3%...

...Vietnam’s healthy trade surplus hid a big BoP shock, and FX reserves now are too low.

The growth outlook for 2023 is worsening; the exchange rate shock is only adding insult to injury. 

bop exchange rate fx fx reserves growth trade trade surplus

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Keywords for: 24 Oct 2022 Emerging Asia Monitor

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