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Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a currency war in September 2010. Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.
In the middle of October 2010, finance ministers gathered in Washington, D.C. for the 2010 annual IMF and World Bank meeting, which was dominated by talk of currency war.. Just prior to the IMF meeting, the Institute of International Finance had called for leading countries to agree on a currency pact to aid the rebalancing of the world economy and to avert the threat of competitive devaluati
In May 2011, a second sequel, Currency Wars 3: Financial High Frontier (Chinese: 货币战争3：金融高边疆), was published by Yuan-Liou Publishing (ISBN 978-9573267843). It discusses more specifically modern Chinese history, from Chiang Kai-shek to the depreciation trend of the U.S. dollar in the long term, seen from a currency war ...
The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. [6] [7] Formerly, it was subdivided into 10 hao (hào), which were further subdivided into 10 xu, neither of which are now used due to inflation. The Vietnamese dong has increasingly moved ...
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
Việt Nam-Siam War (1833–1834) Việt Nam under Nguyễn dynasty: Siam under Rattanakosin Kingdom: Victory. Annexation of Tây Thành by Việt Nam; Siamese troops retreated; Nông Văn Vân's rebellion (1833–1835) Việt Nam under Nguyễn dynasty: Nông Văn Vân's rebels Victory: Ba Nhàn-Tiền Bột's rebellion (1833–1843) Việt ...
The Provisional Revolutionary Government of the Republic of South Vietnam (PRG, Vietnamese: Chính phủ Cách mạng Lâm thời Cộng hòa miền Nam Việt Nam), was formed on 8 June 1969, by the communist North Vietnam (Democratic Republic of Vietnam) as an armed underground government opposing the government of South Vietnam (Republic of ...
The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit notes for 1 đồng.