VCSC Daily - Weak yuan dampen market sentiment - De facto devaluation of the Dong - DHA
  • 12 Aug 2015
  • Market Commentary
The market closed in red territory after the SBV announced to expand the trading band on the VND/USD from 1% to 2% in early morning in response to China’s surprise devaluation of the yuan. The VNI lost nearly 9 points to close at 604.04 with blue chips VC