Dollar under pressure Vietnam’s stock market fell sharply on Thursday after the government’s sudden decision to devalue the currency by 5.4 per cent and raise interest rates to end weeks of damaging uncertainty which has seen ever increasing pressure on the dong.
The Ho Chi Minh benchmark index dropped 4.8 per cent to 479.44 by GMT 0300, extending its loss since November 19 to 14.6 per cent.
