What type of exchange rate regime is present in vietnam?.

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10-03-2022
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What type of exchange rate regime is present in vietnam?.

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10-03-2022

Answer :
Managed floating exchange

Explanation :

The long episode of a fixed exchange rate regime (1992-98) aimed to regain the stability of the Vietnamese dong after currency crisis in 1990-91. Since 1999, Vietnam has officially maintained a managed floating exchange rate regime although the currency has been de facto pegged to the U.S. dollar.

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