VNDIRECT Securities : Vietnam says to continue flexible FX policy after US drops manipulator label

HANOI (Reuters) - Vietnam's central bank said on Saturday it will continue to pursue a flexible exchange rate policy, after the U.S. Treasury Department on Friday refrained from formally branding the country a currency manipulator.

The central bank said its foreign exchange rate policy is managed in a way to contain inflation, ensure macro economic stability and not to create an unfair trade advantage.

(Reporting by Khanh Vu; Editing by Kim Coghill)