After the State Bank of Vietnam’s (SBV) devaluation of the dong on January 7, CT asks FX strategists what similar FX moves Asia-Pacific treasurers should look for in 2015.
Vietnam’s balance of payment surplus soared past the $2 billion mark in first quarter 2012. This compares to the $126 million deficit it posted the same period last year. The news augurs well for the stability of the dong.