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Here’s Why Vietnam Risks Being Labeled a Currency Manipulator

Philippine Peso And Vietnamese Dong Banknotes After Fed Gifts Emerging Markets A Lifeline
Photographer: Brent Lewin/Bloomberg

Vietnam may be the latest country to be targeted by the U.S. as a currency manipulator in a twice-yearly Treasury report on foreign currencies expected this month.

The Southeast Asian nation is coming under scrutiny for artificially holding down the value of the dong, people familiar with the matter said.