An Increse In The Vietnamese Dong !

[DinarThug]

CNN. Broadcasting While Biting My Tongue To Keep From Making Any Dong Jokes !

AN INCREASE IN THE VIETNAMESE DONG .....

Vietnam’s currency, the Vietnamese Dong, rose the most it has in a month on Thursday on speculation policy makers will exclude foreign-currency bank savings from deposit insurance, making it less attractive to keep money in dollars.

A standing committee of the national assembly agreed with a government proposal that foreign currency and precious metals shouldn’t be included in a proposed bank-deposit guarantee scheme, the Thanh Nien newspaper reported Thursday. Government bonds rose the most in a week after the country appointed Standard Chartered Bank Plc. to advise on improving its sovereign debt rating to attract foreign investment.

“As the government may not guarantee dollar deposits, demand for savings in the dollar will decrease,” said Nguyen Duy Phong, a Ho Chi Minh City-based analyst at Viet Capital Securities. The Dong gained 0.8 percent, the most since Feb. 21, as of 4:30 p.m. local time on Thursday, according to data compiled by Bloomberg. The currency (VND) advanced as much as 1.9 percent earlier, the most since 1997. – www.thanhniennews.com

[Dinar Buddy]

The VND has made no change... in the price of the continues to weaken. This week the price was 20,793, today the price is 20,845... it is going in the wrong direction.

USD/VND (VND=X)

-CCY Prev Close:20,846.0000Open:20,848.0000Bid:20,795.00Ask:20,895.00Day's Range:20,845.00 - 20,850.0052wk Range:20,185.0000 - 21,045.0000

[coolbeans]

1 VND = 0.000048 USD

So an increase of 1.9% = .00000092 USD which is .0000912 of ONE PENNY!

[DinarThug]

1 VND = 0.000048 USD

So an increase of 1.9% = .00000092 USD which is .0000912 of ONE PENNY!

Whew ! Thanks For That Timely Confirmation Coolbeans !

Nobody Wants To Start Off A Holiday Weekend With Shrinkage !

:D

[Shelley]

Whew ! Thanks For That Timely Confirmation Coolbeans !

Nobody Wants To Start Off A Holiday Weekend With Shrinkage !

:D

Hey DT, If you don't want any shrinkage, stay out of cold water pools this weekend

[DinarintheAZDesert]

Whew ! Thanks For That Timely Confirmation Coolbeans !

Nobody Wants To Start Off A Holiday Weekend With Shrinkage !

:D

What does the Vietnamese Dong and George Costanza have in common???

SHRINKAGE

GO RV...

[dweave69]

Everyone's name is Nguyen.

[Sparta]

What does the Vietnamese Dong and George Costanza have in common???

SHRINKAGE

GO RV...

Interesting! More dong for the buck equals shrinkage.

[VIZIOIRAQI]

CNN. Broadcasting While Biting My Tongue To Keep From Making Any Dong Jokes !

AN INCREASE IN THE VIETNAMESE DONG .....

Vietnam’s currency, the Vietnamese Dong, rose the most it has in a month on Thursday on speculation policy makers will exclude foreign-currency bank savings from deposit insurance, making it less attractive to keep money in dollars.

A standing committee of the national assembly agreed with a government proposal that foreign currency and precious metals shouldn’t be included in a proposed bank-deposit guarantee scheme, the Thanh Nien newspaper reported Thursday. Government bonds rose the most in a week after the country appointed Standard Chartered Bank Plc. to advise on improving its sovereign debt rating to attract foreign investment.

“As the government may not guarantee dollar deposits, demand for savings in the dollar will decrease,” said Nguyen Duy Phong, a Ho Chi Minh City-based analyst at Viet Capital Securities. The Dong gained 0.8 percent, the most since Feb. 21, as of 4:30 p.m. local time on Thursday, according to data compiled by Bloomberg. The currency (VND) advanced as much as 1.9 percent earlier, the most since 1997. – www.thanhniennews.com

Your a Mess should have looked at the rate first before posting this one. I watch it every day and the best I've seen in 3 months is 20,544.00

[skitealwedrop]

Nothing better than pumping dong.

[dog53]

Nothing better than pumping dong.

I absoulutly couldnt agree with you more .