Thread: VND spike hits market

Vietnam's monetary market is presenting contrary moves. Namely, while the domestic currency market is hot, dong deposit interest rates are on the rise, the foreign currency market is depreciating. Recently, the dong/US dollar rate in the official market where monetary transactions between commercial banks and customers, the inter-bank market and the free market all has fallen...
Full story: http://www.vnbusinessnews.com/2008/02/dong-spike-hits-market.html