Vietnam stock market to rebound on Fed rate hike ease: VinaCapital
Vietnam’s stock market is expected to recover when the U.S. Federal Reserve relents on its aggressive rate hikes, unlike most other emerging economies with current account deficits and huge U.S. dollar denominated debts, according to leading investment fund VinaCapital.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fed interest rate hike has little impact on VND
The Vietnamese dong remained unaffected while most emerging-market currencies declined against the U.S. dollar following the U.S. Federal Reserve’s interest rate hike.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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