A slew of banks recently have restricted the purchase of US dollar in cash, particularly Vietnam Eximbank saw the situation that its customers withdrew US dollar to send money in dong. Due to the sharply increasing US dollar purchase, banks only give priorities to exchange US dollar for customers at airports, seaports and train stations. However, the purchase is not modest at about US$5,000-7,000 a day for each exchange agent because this depends on the lending activity...
Full story: Vietnam Business Finance: Vietnamese prefers to keep the dong than US dollar
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07-03-2008, 05:15 AM #1
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Vietnamese prefers to keep the dong than US dollar
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