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View Full Version : Vietnam's Dong Declines as Central Bank Lowers Reference Rate - Bloomberg



NewsWhore
10-05-2011, 07:23 AM
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Vietnam&#39;s Dong Declines as Central Bank Lowers Reference Rate (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEDZL34cKSQVDtCYHqrsUHleIWMxA&url=http://www.bloomberg.com/news/2011-10-05/vietnam-s-dong-declines-as-central-bank-lowers-reference-rate.html)
Bloomberg
The currency also dropped on speculation companies stepped up dollar purchases to pay for imports and redeem overseas debt. “Dollar demand has increased recently because many companies are preparing to pay their dollar loans which come due,” said ...

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