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The dong is allowed to trade as much as 5% on either side of the fixing rate. SBV also sold about $9 billion dollars last year in order to support the dong and calm local money markets ...

Check out the top 10 lowest currencies in the world against the USD in 2024. Learn why currencies like the Iranian Rial and Vietnamese Dong are weak and see their latest exchange rates.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.