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Global oil and gasoline prices have been rising globally, especially since Russia put its forces on the Ukraine border in February 2022. In Vietnam, fuel prices have continuously increased and reached the highest record in history this May. How will this price hike affect potential inflation in Vietnam and the exchange rate between USD and VND on the FX market?
Global oil and gasoline prices have been rising globally, especially since Russia put its forces on the Ukraine border in February 2022.
Expert Answer
The rise in global oil and gasoline prices will likely lead to an increase in inflation in Vietnam,
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