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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on October 17, 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from October 16 to October 24 the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar ...
In 2009, following regions whose currency has been selected into calculation of VND Index are: United States, China, Japan, Europe, Singapore, Taiwan, and South Korea.Those seven regions are chosen, whose currencies selected into the index, based on the value of their export and import to Vietnam:
Currency of State of Vietnam 1949 – 1955 Note: transitional notes dual denominated in piastre and đồng used between 1953 and 1955. Note: the Viet Minh government issued its own separate currency: Succeeded by: North Vietnamese đồng Reason: independence Ratio: at par, or 1 đồng = 17 French francs Note: starting 1946: Succeeded by ...
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.
Despite difficult period of time and the high price for the tickets (500.000–3.600.000 in Ho Chi Minh City and 800.000–4.000.000 in Ha Noi), the ticket was sold out after only two weeks. Especially, she set a record for the highest ticket price with 20 million Vietnam dong for a pair of ticket.
The Vietnamese Red Book lists 18 scarce and precious plants in the province including aloe wood, pantace vietnamiensis, textured wood, limestone vatica, hoang dan and abony-tree. [ 9 ] There are 293 faunal species, of which there are 51 animal species belonging to 19 families; there are 175 bird species of 45 families; there are 5 reptile ...
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.
The inspiration to introduce the văn may have been to emulate the Chinese wén used on contemporary Qing dynasty cash coins which had just become a fiat currency, however unlike the Chinese system where all Chinese cash coins were cast from the same metals and the wén was the primary unit of account for coins made of the same metals, the ...
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