Posts Tagged ‘ On Concern Inflation ’

Dong near record low on concern inflation to quicken

July 24, 2009
Dong near record low on concern inflation to quicken

Vietnam’s dong reached a record low on concern inflation will accelerate, deterring investors and prompting exporters to hold onto their dollars as a hedge against rising prices. Bonds gained. The central bank told lenders to rein in credit as inflation is showing signs of quickening through the rest of the year, according to a statement [...]

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Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...