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  Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation. The State Bank of Vietnam raised the refinancing rate to 15 percent from 14 percent, effective Oct. 10, it said in a statement on its...

Tags: 14 Percent, Central Bank, Per Dollar, Rate Increase, Refinancing Rate, The Central, The Central Bank, The Dong, the first, The Rate Increase, The State Bank

What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? VnnNews – What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? They have to be more cautious when considering...

Tags: Business Will Have, Dollar Price, Dong Per, Dong Per Dollar, Exchange Rate, Exchange Rate Fluctuations, For Six Months, Million Dong, Per Dollar, The Business, The Dollar, The Dollar Price, The Exchange, The Exchange Rate

Late on Tuesday, August 17, SBV announced it would drop the dong’s value against the US dollar rate by two percent. VietNamNet Bridge – Late on Tuesday, August 17, the State Bank of Vietnam (SBV) announced it would drop the dong’s value against the US dollar rate by two percent. The black market adjusted immediately.   US...

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VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. The price of the dollar on the black market has increased, while businesses complain...

Tags: At High Prices, Buy Dollars, Dollar Exchange, Dollar Exchange Rate, Dong Dollar, Dong Dollar Exchange, Dong Dollar Exchange Rate, Dong Per, Dong Per Dollar, Exchange Rate, Per Dollar, Purchase Dollars, The Demand, The Demand For, The Dollar, The Dong, The Dong Dollar, The Dong Dollar Exchange, The State Bank, They Will Have, To Buy Dollars, To Purchase Dollars, To Sell Dollars

VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase, though the sales prices remain at ceiling levels. Businesses complain that they meet difficulties when trying to buy dollars.   Shipping companies refuse...

Tags: By Commercial Banks, Commercial Banks, Dong Per, Dong Per Dollar, Foreign Currencies, Higher Than The, In Foreign Currencies, Of The Year, Per Dollar, The Dollar, The Year

The State Bank of Vietnam governor, Nguyen Van Giau, has signed a decision to allow businesses to re-import gold. VnnNews – The State Bank of Vietnam (SBV) governor, Nguyen Van Giau, has signed a decision to allow businesses to re-import gold. Gold prices will make history in 2010 Trade deficit grows wider than forecast...

Tags: Per Dollar, The Price

Foreign investors ignore textiles; Surging demand puts fire under the dollar; Stainless steel pipe exports to US doubled; Shares stall on global worries; New negotiating system installed to boost volumes in companies market  Foreign investors ignore textiles There has been no foreign investor interest in textiles materials so far this...

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VietNamNet Bridge – The dong/dollar exchange rate in the last few days has increased rapidly VietNamNet Bridge – The dong/dollar exchange rate in the last few days in the black market and the rate quoted by commercial banks both have increased rapidly, surprising many people because the official interbank exchange rate has...

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VnnNews – The State Bank of Vietnam (SBV) yesterday afternoon denied claims that Vietnam will devalue the dong by four percent VnnNews – The State Bank of Vietnam (SBV) yesterday afternoon denied claims that Vietnam will devalue the dong by four percent, saying that the dollar supply is profuse.   Dong/dollar exchange rate...

Tags: Commercial Banks, Dollar Exchange Rate, Dong Dollar, Dong Dollar Exchange, Dong Dollar Exchange Rate, Dong Per, Dong Per Dollar, Exchange Rate, Foreign Currency, Per Dollar, That The Dollar, The Dollar, The Dong, The Trading Band

VnnNews – After dropping continuously over the last month, the dollar price has risen once more. VnnNews – After dropping continuously over the last month, the dollar price has risen once more, both on the bank-to-business market and the black market.   Dong/dollar 2010 exchange rate unpredictable Dollar price rises before...

Tags: Dollar Price, Dong Per, Dong Per Dollar, Foreign Currency, Per Dollar, The Black Market, The Dollar, The Dollar Price