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Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
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Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
http://www.zerohedge.com/news/2015-05-06/weak-dong-forces-vietnam-central-bank-devalue-currency
Having put off the decision to devalue the Vietnamese currency in March, the Dong has pressured the weaker limit (1% trading band) of the reference rate ever since. This has led to Vietnam's central bank devaluing the dong reference rate to 21,673 (from 21,458) for the 2nd time this year. This is the softest the dong has ever been relative to king dollar, pushing them deeper into the currency wars.
Having put off the decision to devalue the Vietnamese currency in March, the Dong has pressured the weaker limit (1% trading band) of the reference rate ever since. This has led to Vietnam's central bank devaluing the dong reference rate to 21,673 (from 21,458) for the 2nd time this year. This is the softest the dong has ever been relative to king dollar, pushing them deeper into the currency wars.
Cascadian- VIP Member
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Re: Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
But, but, but ... DC just got done saying it was showing $2+ on the screens.....
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Kevind53- Super Moderator
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Re: Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
And they said "you can't go wrong holding the HARD currency"....
Sorry, couldn't resist.
Any Dong I've had is long gone.
Sorry, couldn't resist.
Any Dong I've had is long gone.
Goldiegirl- Elite Member
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Re: Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
GOLDIEGIRL!!!!!!!!!!!!!!!!!!!! I'm not going to go there.......
Terbo56- VIP Member
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Re: Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
nothing worse than a weak dong
Kim needs to work on that. Might be why he re instituted his pleasure squad. wow!
Kim needs to work on that. Might be why he re instituted his pleasure squad. wow!
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Purpleskyz- Admin
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Location : Woodstock Nation
Re: Weak Dong Forces Vietnam Central Bank To Devalue Currency (Again)
Yep, must have lost the 'lead' in his pencil- He'd never be able to sign his 'John Han cock!! LMELAO!!! :winky winky:
Terbo56- VIP Member
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