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Vietnam will aim to keep currency stable: report

 
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nirvanatgr
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Joined: 11 May 2011
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PostPosted: Fri Aug 12, 2011 1:59 am    Post subject: Vietnam will aim to keep currency stable: report Reply with quote

Vietnams central bank wants to keep fluctuations in the dong to a minimum for the rest of this year, seeing its present value against the dollar as realistic, a local newspaper reported on Thursday.

In the event that the State Bank sees the necessity to adjust the exchange rate, we will adjust the rate by no more than 1 percent between now and the year-end,Governor Nguyen Van Binh told the Saigon Times Online newspaper (www.thesaigontimes.vn).

The State Bank may even allow the dong to strengthen slightly, Binh said in an interview with the newspaper after his promotion to the post last week by the National Assembly.
Yen viet yen sao
to yen
Cong dung yen sao
nuoc yen
mua yen sao

Vietnam devalued the dong in February by 8.5 percent against the dollar and the currency has found some stability since then.Post by netvlz36430
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