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View Full Version : Vietnam's Dong Falls on Speculation Inflation Will Accelerate - Bloomberg



NewsWhore
05-09-2011, 09:50 AM
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Vietnam&#39;s Dong Falls on Speculation Inflation Will Accelerate (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFcQr90mJmvRUhFIOpk2nHbdbOywA&url=http://www.bloomberg.com/news/2011-05-09/vietnam-s-dong-falls-on-speculation-inflation-will-accelerate.html)
Bloomberg
The country&#39;s central bank devalued its currency by about 7 percent on Feb. 11 as it tried to curb Vietnam&#39;s trade deficit. “We expect weakness in the dong to resurface as inflation edges higher in the coming months,” Credit Suisse Group AG (CSGN) said ...

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