Reported 3 days ago
Vietnam's currency, the dong, has fallen to a record low of 25,485 per dollar due to the central bank's recent devaluation and rising demand for dollars ahead of Donald Trump's inauguration. This drop surpasses its previous low from May and reflects broader pressures on emerging-market currencies, exacerbated by concerns over US tariffs. Analysts predict further weakening as businesses seek more dollars to meet year-end obligations.
Source: YAHOO