Ron Paul is Right #104 - Vietnam Tries to Cut Loose From $
Posted on March 19th, 2008 by pete
Vietnam is trying to unshackle its fast-growing economy from the sliding $, a tactic that might stem rampant inflation but is rattling exporters and Vietnamese [citizens]. The black mkt is already pricing the dong much more strongly than the official rate - a striking reversal of the days when the $ commanded a premium on the backstreets of Hanoi.
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