Vietnam devalues Dong currency for 2nd time in 3 months
February 12, 2010
The Nation
Vietnam's central bank devalued its Dong for the second time in three months on Thursday amid widespread concerns over a high trade deficit and inflation.
The average interbank rate on Thursday was 18,544 dong per US dollar, against 17,941 the previous day, a fall of 3.4 percent, the State Bank of Vietnam said.
The average interbank rate on Thursday was 18,544 dong per US dollar, against 17,941 the previous day, a fall of 3.4 percent, the State Bank of Vietnam said.
7 comments:
at least Yuon got sihanorouk's father picture on their Dong!
Ho Chi Minh's original name is Nguyen Ai Quoc or 'Ngiet Ach Gok' in Khmer :)
cow's dung devalues the Dong. that doesnot sound right.
How does AH HUN SEN do business with the Vietcong government if the Vietcong government always devalue their Dong to win?
It seems that the only solution to Viet economic problem is to keeping printing more Dong!
What Cambodians received from saling their merchandises is paper like Cambodians gave those merchandises for nothing.
Lands rent to rubber plantation companies will cost nothing to Yuons because they will pay with paper.
8:23 PM Very good!
They keep printing 24/7 since Prey Nokor collapsed by ah Yuons.
Do ma mai! Hochi minh cong ca^c! Tao yiek mai chek roy!!
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