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VND

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1d
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Analysis and statistics

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About

VND.FOREX is a symbol that generally represents the Vietnamese Dong (VND) in the foreign exchange (forex) market. It indicates trading pairs involving the VND against other currencies, typically the US dollar (USD/VND). However, direct VND trading is not as widely available as major currency pairs. Its availability often depends on the specific forex broker or platform, and may be subject to greater volatility and wider spreads compared to more liquid currencies due to regulatory restrictions and limited trading volumes. Therefore, trading VND.FOREX typically requires access to specialized platforms or brokers that offer emerging market currency pairs.

Factors

Interest Rates: Higher rates attract foreign investment, increasing demand for VND.

Inflation: High inflation weakens VND's purchasing power, decreasing its value.

Economic Growth: Strong economic growth boosts VND as exports increase.

Government Debt: High debt can weaken investor confidence, devaluing VND.

Political Stability: Instability can scare away investors, lowering VND's value.

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