Monetary policy space narrows as trade uncertainty weighs on FX market

Monetary policy space narrows as trade uncertainty weighs on FX market

Earlier this morning (April 10, Vietnam time), the United States announced a 90-day suspension and a reduction of reciprocal tariffs to 10 per cent to over 75 trading partners, including Vietnam. The tariff policy, however, still leaves room for uncertainties regarding the final policy direction, casting pressure on Vietnam’s foreign exchange market.

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