In Alternative Investments for an Increasingly Volatile Stock Market, we discussed exotic currencies as an alternative investment for the next bear market in stocks.In a follow-up article, we focused on the Iraqi Dinar as one of those currencies.But the Vietnamese dong is also fully qualified as an alternative investment. Direct access to our calendar releases and historical data. After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds. The analysts explained Vietnam was included on the list as its goods trade surplus with the US continued to rise significantly, with the surplus reaching $47 billion over the four quarters through June 2019. Filipina Lalaine de Guzman, 48, is demanding answers for the detention of her American partner by Cambodian immigration officers after he was arrested at their home almost 90 days ago. dollar and the trading band within which the dong can be traded was widened to 3 per cent from 2 per cent, the State Bank of. The State Bank of Viet Nam plans to increase the value of the Vietnamese dong against the US dollar over the next four months in a bid to protect the value of the domestic currency, State Bank Governor Nguyen Van Binh told Sai Gon Economic Times this week. Tel: 84-24-39332316; Fax: 84-24-39332311 E-mail: Vietnam received US$38 billion in total registered investment capital last year, up 7 per cent from $35.5 billion in 2018. In an open letter, the Cambodian diplomats said Kausikan’s remarks were made from a, Prime Minister Hun Sen has announced a temporary opening of the 488m underpass at the Chaom Chao roundabout in Phnom Penh’s Por Sen Chey district, which was recently completed to connect traffic from National Road 4 to Russian Federation Blvd. vietnamese dong revalue 2020 by | Sep 30, 2020 | Neurologist | 0 comments Additionally, most banks and currency exchanges charge a premium for buying such low-volume currencies, and many holders of Vietnamese dongs may have trouble selling the currency back even if it does increase in value. And so easy to use.

At the Consulative Group Meeting in June, the International Monetary Fund estimated that Viet Nam's foreign reserves totalled $13.5 billion, equivalent to 1.5 months of imports. industry and topic, so you don't miss any important news

This is likely to see Vietnam ramp up imports of meat to deal with the shortfall, causing higher inflation in the coming months. While There Is No Way To Avoid Taxes, There Are Ways To Make Them Easier with Tips from American Tax Solutions, IBS, N.A. As for the Vietnamese Dong currency (VND) it is predicted to go up in value for the reason that Vietnam and Russia signed 17 agreements November 12, 2013 aimed at boosting political, military and trade ties while increasing cooperation in the energy sector. Strategies to protect the dong would include deposit interest rate reform that created predictable interest rates at levels of around 14 per cent for dong deposits and 2 per cent for US dollar deposits, he said. Xabibni Yangi Jangi 2020. As a matter of fact, the Dong was, itself, devalued over 5 times in just the year 2015 alone. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Despite being under more pressure, experts also forecast the Vietnamese central bank would try to limit the depreciation of the dong as the country is still stuck on the US’s currency manipulator watchlist.

Also, make sure you sign up to my FREE newsletter below: Last Updated On: December 5, 2016 By: Nick Giammarino Subscribe to the […], Benefits of dropping zeros of Dinar 2016/11/06 | 15:00 هل سيتم تنفيذ المشروع لما فيه من فوائد اقتصادية كبيرة . VIETNAMBIZ.VN/VIET NAM NEWS, Phnom Penh Post - Vietnamese currency under bigger pressure in 2020, Vietnamese currency under bigger pressure in 2020. for banking industry news. have relied on EIN News since 1995. The central bank bought up over US$4 billion in the first seven months of the year. You can read the original Central Bank of Iraq articles which I had translated here: First article: Will the implementation of the project because […], At the request of a few people who were interested in the private exchanges, I went ahead and had this transcribed.

Higher inflation would also put more pressure on the exchange rate, Hieu said.

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Make sure to subscribe to the Newsletter if you haven’t already done so. dollar and the trading band within which the dong can be traded was widened to 3 per cent from 2 per cent, the State Bank of.