Thread: Buying dollars: a double-edged sword

As such, the dollar value had reduced by VND30/US$1 (0.23%) by the end of February compared to the beginning of the month, and VND70/US$1 (0.46%) over the beginning of the year.

Le Xuan Nghia, Director of the Banking Development Strategy Department under the State Bank of Vietnam, discusses the decision to buy up foreign currencies and measures taken to stem inflation...

Full story: Vietnam Business Finance: Buying dollars: a double-edged sword