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Asian currencies to gain from Fed's lower rates

Asian currencies to gain from Fed's lower rates

The Chinese yuan, the Japanese yen and the South Korean won are set to benefit if the U.S. Federal Reserve lowers policy rates this year.

Higher Fed interest rate could weaken Vietnamese currency

Higher Fed interest rate could weaken Vietnamese currency

The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.

Vietnam allows use of yuan at Chinese border

Vietnam allows use of yuan at Chinese border

Vietnamese can trade in yuan at the border with China, the State Bank of Vietnam has decreed.

August 29, 2018 | 09:09 pm PT

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