February 25, 2011
A man places stacks of dong and US dollar notes inside a bag at a bank in Ho Chi Minh City. The State Bank of Vietnam devalued the dong by 9.3 percent on February 11 in an effort to minimize the gap between the official and black market exchange rates. Following the move, the dong [...]
Tags: 80 Billion, And Black Market, And Black Market Exchange, banks, Between The Official, Between The Official And, billion, black, Black Market, Black Market Exchange, Black Market Exchange Rates, boost, Boost Exports, Bui Kien, Bui Kien Thanh, Business, Businesses, Commercial, Commercial banks, Could Offer, Could Offer Commercial, currency, Currency Reserves, deficit, Devaluation, Devalued, Devalued The Dong, dollar, dollars, economy, exchange, Exchange rate, Exchange rates, exports, February, February 10, Foreign, Foreign Currency, Foreign Currency Reserves, Foreign Loans, Foreign Loans And, Gap Between The, Gap Between The Official, given, increase, interest, Interest rates, Kien Thanh, loans, Macroeconomic Stabilization, market, Market Exchange, Market Exchange Rates, money, Nien Weekly, Of Foreign Currency, Of Vietnam Could, Of Vietnam Could Offer, Of Vietnam Devalued, Of Vietnam Devalued The, offer, Offer Commercial, official, Official And Black, Official And Black Market, Our Currency, overseas, Overseas Remittances, percent, products, Products Worth, rates, reduce, Reduce Interest, Reduce Interest Rates, remittances, reserves, spending, Stabilize The Exchange, Stabilize The Exchange Rate, state, State bank, supply, Thanh, Thanh nien, Thanh Nien Weekly, The Currency, The Devaluation, The Dong, The economy, The exchange, The Exchange Rate, The Gap, The Gap Between, The Gap Between The, The Money, The Official, The Official And, The Official And Black, The state, The state bank, To Boost Exports, To Minimize The, To Stabilize The, To Stabilize The Exchange, To Turn Out, Trade deficit, Vietnam, Vietnam Could Offer, Vietnam Could Offer Commercial, Vietnam Devalued, Vietnam Devalued The, Vietnam Devalued The Dong, worth, Worth 80
Posted in Reports | Comments Off