The Vietnamese dong may advance to 15,000 by the end of this year, Newnham said in an e-mail to Bloomberg, a level unseen since September 2001.
The dong traded at the strongest against the dollar since August 19, 2005.
The currency was little changed at 15,862 per dollar Wednesday, according to prices compiled by Bloomberg.
The government told the State Bank of Vietnam to widen the band to 2 percent, according to a directive posted on the cabinet’s website on March 4.
unfortunately i have 500m dong at 13,700 buy price ,so i break even 2 yrs from now?
Currency Converter Results
Friday, March 14, 2008
1 Vietnamese Dong(s) = 6.30318e-05 US Dollar(s)
1 USD = 15865 VND
1 VND = 6.30318e-05 USD
Sunday, March 16, 2008
1 Vietnamese Dong = 0.00006419 US Dollar
1 US Dollar (USD) = 15'579.5 Vietnamese Dong (VND)
Median price = 0.00006214 / 0.00006419 (bid/ask)
Minimum price = 0.00006211 / 0.00006416
Maximum price = 0.00006228 / 0.00006433
FXTrade: Online Currency Trading with OANDA FXTrade.
FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2008 by OANDA.com.
