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Firefly says Vietnam announced on Bloomberg twice now that they are revaluing their currency!
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Firefly says Vietnam announced on Bloomberg twice now that they are revaluing their currency!
Firefly
Vietnam announced on Bloomberg twice now that they are revaluing their currency! Now why would they announce that if their was no plans?
I saw it with my own eyes.
Kinda shocked me actually that they would make that announcement. I have no idea about the rate just the announcement...remember pre war their currency was valued at 2.22.
[when did they announce this... recently?]
Pretty much the same time Iraq started talking openly about it.
Press Release: Vietnam: 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Vietnam Quote: "A new government took office in 2016 with a commitment to reforms that, if implemented, would place Vietnam in a sound position to achieve its ambitious development goals."
08.28.2016
~~~~~~~~~~~~
IMO Vietnam is hot, hot hot. I read an article last week from there.
If you took the word Vietnam out of the article, you would swear it was from Iraq...Using words...or phrases...like "private sector" "IMF", "World Bank".
The announced they are Basel 2 compliant a few weeks ago.
...expect a lot of announcements! BIG ones. It has already begun. We are watching the reforms take place before our very eyes.
08.27.2016
Ponee- Admin
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