jeepguy

VietFinanceNews.com – Vietnam’s central bank may adjust foreign exchange rate between the Vietnam dong and the US dollar by early 2012, mirroring its move in late 2010, said an expert. Since the State Bank of Vietnam (SBV) has pledged to regulate the forex rate fluctuation at around 1 percent until the year-end, the market is forecast to see an adjustment by early next year, Le Xuan Nghia, vice chair of the National Financial Supervisory Committee, told Saigon Tiep Thi newspaper. SBV last month repeatedly raised the interbank average forex rate by up to 0.85 percent, only 0.15 percent below the central bank’s commitment. However, if the central bank had adjusted the forex rate, the adjustment would not be so high as earlier this year, by 8.5 percent on February 11, Nghia said. The country’s international payment balance this year is predicted to be in surplus of $4-5 billion and the inflow of foreign direct investment (FDI) capital into Vietnam may rise 3-4 percent year on year, together with a rise of about 10 percent of inward remittances sent to Vietnam this year, he added. Nghia also said that the most important task in macroeconomic stability from now till the end of this year is to control the forex rate. During the last two months, the forex rate in the banking system sometimes touched nearly VND22,000 a US dollar, making the actual US dollar price in the banking system often higher than that on the free market by VND200-400 a US dollar. Tai Hui, head of the macroeconomic research team in South East Asia of Standard Chartered Bank, has predicted that the official forex rate will be VND22,000 to the US dollar by the end of 2012. Though the US dollar will depreciate against many regional currencies next year, it will appreciate against the Vietnam dong due to Vietnam’s current account deficit and draining forex reserve, he told Doanh Nhan newspaper. To ease the pressure on the dong, the central bank should consider maintaining a stabilized high interest rate for the dong to protect investors and dong holders from the devaluating currency. So, it must choose between offering high depositing rates or curbing inflation as fast as possible to win the hearts of investors and dong holders, he added. Though the devaluation, in the long-term, may help scale down the trade gap, it will surely be a burden for businesses in the short-term. As a result, if the central bank has to adjust the forex rate, it should consider a rate that meets the market expectation so that the domestic currency will be stabilized for a longer period of time, he said. www.currnecy hound .com

heyyyyyyyyy thought i would throw a couple ideas of ding dong {v,n,d} at ya --the china currency and the vietnam currency and the other asian currency are realted as too the culture of these folks i believe that when china improves their trade deals {like computers or autos} they buy from other asian area`s vietnam has a few of these factories that do infact carry some of the compoents for this items, also food and on the other hand china sells too vietanam ,, i feel that korea`s and tiawain s money markets are linked ,,, would be like the u s markets tied too the euro mess going on now,,,,,, i`ll post a couple of topic in forums for you

heyyyyyyy p p g gal ,,, i read this also --- i was in the ideas that these two banking identities are way behind times in computering technology,,or are they blowing smoke,,, if they are so far behind how did they implament the creidt card system ? or are they still waiting on card scanners also,,, if this is the case ---- another year out ,,all these parts are japan or china,or korean, made parts if this is the case { just me thinking}

ahhhhhhhhhhhhh hoping his banker boss insn`t milbur drysdale

hope he isn`t relying on better busness if his guy on the ground gave him this intel,,,,

isn`t warka --- spelled backwards also called ---- maidoff ---- as in they maid off with all your money , i didn`t like the sounds of someone thousands of miles away from me with my accounts,,, you guys good luck { send in dinarbot } he can be repaired . hehehehe

heyyyy ladies and gents,,,i think adam has already spoke of this idea of warka accounts, as how the money { or the electrionic numbers }will change or not change,,the idea is if iraq rate raise too the .10 area your warka account will assimulate with the markets,, kind of this way when you bought into warka accounts they set aside {lets say 100,ooo} dinars ,,,you don`t see the dinars and your not holding the dinars,,but your electrionic accounts says you have 100,ooo in the account, now it r v at .10 and you hold your account it `s value does or it should rise with the flux in the value of dinars as a normal bank would, it is all in eletronic book keeping, i guess it would be like getting a great % raise and not really seeing it in your hands ,,, your in control of the account but not having the currency in hand--- hope this is close too what you wanted to know

have stock in mason jars and shovels hahahaha just kidding ,,,but on the high side if this comes out at the .10 area too 1.00 area of rate ,this will be a pointer as what too do next,,first look at a cash in options at the .10 area (1) at .10 do ya cash some in too pay off bills and reinvest in the dinar for next rate hike? and after that purchase and debt payoff,, do you have enough too put in an --I R A account--- pay taxes now instead of after you pull out i r a say in ten years { no telling what taxes will be then} if not enough for that --- buy the same denoms of dinar and ride out the next fun (2) if it comes out .50 and above ,, cash all in pay off intial buy in cost and all other bills that you can with out loosing all from this investment, like the folks above ,,{ if you will have more than 3 million left over better get a professional broker or money guy too talk about future and other unseen obsticles. ------ come on r v at 1.00 ad above

it`s a speggitti time!!!!!!

thanks bond lady and if we do see a rise i`m in favor of the .25 theory hello adam nice too see ya in the morning

with the scuttlebutt of iran and isreal ,they could do a onemonth scrimmage attack on each others terriortories lob a few missles ,,,then turkey crossing the borders into northern area`s,, iraq needs a valued currency in my opionion, prop up the infrastructure get busness moving into country, might ease the tennsion in that part of the world,, soo i think a rate change in the area of .25 would get confidence in the iraq country, would like too see it this month myself but closer too the end of this year too the first of next

good post patrotic gal,, i wonder if maliki is in the states now,, and did this come from this side of the world or a recent press release,, looks promising too a bright future for the iraqi folks ,,, not sure about the statement that : all are happy with it right at this time though,,,if they move that dinar rate up and maybe folks would feel more like humans than dogs { just my thinking} have a good day little lady friend

WOW THAT WAS A REALLY GREAT GAME .. i was hoping for a close one and this one was surly the game too watch,,, and too top it iff got interupeted buy the c b i and goi

ohhhhhhhhhhhhhhhh! man what a game ,,,had too watch at two different area`s ,,man down too the last few minutes great game i give it a +5

hahahahahahahah mannnnn i`m glad i`m jeep that is funny

off topic post remeber the banner says it all --- off topic post

this one makes me think mmmmmmmmmmmmmm i don`t know let see it is called fargo technolgys ,,,and it is based out of florida ------ where a lot of scams have been getting a foot hold on land,,, also they do not deal with direct market buys,, you have too get a hold of their guys in fla,,,also a red flag { i could be wrong} but a lot of dollars at once will mean millions for these guys in florida just saying ----- proceed with causion

o kay folks here it is ----- we are now coming to you live at the big game ,,,the stadium issss crammmed tight no room for anything else,,,,bathroom waits are lasting 45 minutes,,, o kay here it is the first kick off of thee gameee and L S U is kicking too bama ,,, and hereeeee goes ---great great kick right down center ,,caught by the boys in red,, bama . and l s u trying too tighten up the end lines and wait wait there is a hole right too the left of the left center hash mark ,,good lord ,,,loook at that running running l s u missed a tackle all i see is yellow uniforms and couple reds jerseys ,, this could goooo alll the wayyyyyyyyyy look like ------ BEEP BEEP BEEP BEEP ------- we interupt this broad cast for a brief news update take it away merl ----- YES THANK YOU THANKS ----- WE ARE NOW LIVE AT THE IRAQ C B I AND GOI FOR AN IMPORTANT NEWS UP DATE ----------- WE AT IRAQ C B I AND THE CONFIDENT G O I OF IRAQ ,,,BRING YOU GOOD NEWS WE HAVE FOUND A RATE FOR DINAR THE RATE ISSS AT THIS MOMENT -------- WE BREAK BACK TOOO THE GAME---- thanks o m god what a play did you all see that noone in their right mind could have pulled that kind of a play and set up for such a reacord breaking running game like this ----------- o h lord now we need a commercel identification ------- man need a break

hahahaha trying too get the game on !!!! heading down too the bar whoooooooooo hooooooooooooo

with all due respect --------- how do you have electricity-------after that snow storm ,,,,???? did you pay off electic company in dinars ???

this has just come acroos the news desk this a.m. {not adam montana} looks like mayham in down town too waters edge ,,the international highways have been clogged ,,going to the local { piggley wiggley} now takes all day,, i`ll send you over too bamagirl { bamagirl} are you here yet?................. looks like bama lady is still stuck in traffic,,, we have boots on the ground though lets send you over too --{red} red are you there, YES I`M HERE ,,WHOOOOOOO HOOOOOOOOO WHAT A DAY THIS HAS BEEN WE HAVE SEEN LOTS AND LOTS OF FUN ---GRILLING AND CHILLIN ,---- SO FAR NO FIGHTING ----- MORE ON FIGHTING AT 6 P M ---- THAT IS WHEN ALL HELL IS ABOUT TOO BREAK LOOSE, WE SPOKE TOO AN L S U FAN {BUT HE WAS COVERED UP IN RED JERSEY FAST LAST WE SAW OF HIM HE WAS A CHANGED MAN !!!! BACK TOO YOU JEEPGUY ,,,,, thanks red good too see ya haven`t been taken hostage by the mayhem ,,,,at the playing field we have a good source that has been told {too this reporter} GOING TOOOOOOO BEEE ONE HELL OF A GAME --------- GOOD LUCK TOO BOTH SIDES AND REMEBER we are all americans here ,,,after the game we will still be americans ,,, except some of these guys willl be hurtin for surtan,,,winners or loosers they both are winners in my book ,,,this reporter is going too a local {bar} and watch ------- free beer when bama scores and free bandades when l s u scores hehehehehe that is all for now folks back too your local program on the webs -------------------------- gooooooooo r veeeeeeeeeeeeeeeeeeeee

whoooooo hoooooooo i read the rate @11.50 too one u s d also 151 usd too one u s d sooooo now we drop things 1.50 rate --- .> whoooohooooooo

i hear that { skitillwedrop} is going too back a few hahahaha just kidding,,, have been watching this bunch of knuckelheads and looks as if the g-20 will back the euro ,, they almost have too -but they will give greece hell over it ,,, reforms and tax deals too try too get them back on line ,,,been a lot of chatter about how the euro would be worse off with out greece ,,,{haven`t a clue } but if ya got a hole in your boat better fix-it fast or you will sink right along with your boat

uhhhhhhhh shabbi dosnt have the button ,,,they sent it too me too repair ,,, their explanation,,they been hitting the bbutton,,like crazy nothing happening,,,please repair and send back thanks,, friend s at c b i

if you read the second posting is it me or are there two sentace`s in each pargragh,,this might have been no doubt put out as a pumper ideaology,,,, going to take this as a smoking mirror ,,, i really don`t think they are going to go 4 times the value ,, in the get go,,, speculation at it`s best here