The State Bank is managing the dong to depreciate against the greenback to prevent possible hot money flows with hoarding purposes. Over the last few weeks, the dong has been turning back to its tendency of depreciating against the US dollar as greenback shortage spreading over the banking system...
Full story: Vietnam Business Finance: Dong pushed for depreciation
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Thread: Dong pushed for depreciation
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13-05-2008, 02:01 AM #1
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Dong pushed for depreciation
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