Vietnam Dong Weakens to Lowest Level Since October: Hanoi Mover
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Vietnam’s dong weakened to an October low on speculation importer demand for dollars increased to pay overseas suppliers. Five-year bonds were steady.
The dong fell 0.2 percent to 20,890 per dollar at the close in Hanoi, the lowest level since Oct. 8, according to prices from banks compiled by Bloomberg. The central bank fixed the reference rate at 20,828, unchanged since December 2011, according to its website. The currency is allowed to trade as much as 1 percent on either side of the rate.