Thread: Another currency investment?

We have talked a bit about forming some kind of investment club... I read something at another forum about dong (Viatnamese currency) and I wonder what you thoughts are on this?



Dong Vs Dinar

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I buy alot of VND (Vietnamese Dong) and I just found this. Vietnam is in about the same place as Iraq in terms of WTO asessions, WB, IMF and already accepted Art.VIII. Billions being pummped into both countries (obviously more in Iraq). But here is the thing Vietnam seems a little ahead of Iraq on the R/V, Convertability thing. Not probably going to go as high as the Dinar but it is also 15,000:1 so we will see. Read this link and tell me what you think. If you want to discuss the VND you can PM me if Ken doesn't want us discussing other currency speculating here.

Just wondered if anyone has seen any of this type of things or we may want to keep an eye out for something like it with the Dinar as well.


20 June 2006.

Reuters supports Vietnam's fixed income and money markets with new benchmark curves



Hanoi – Reuters (LSE: RTR; NASDAQ: RTRSY) is the first information company to launch Vietnam Dong (VND) benchmark coupon curves following strong investor demand for government bonds in Vietnam.

To support the growing Vietnamese bond and foreign exchange markets, Reuters has released three new benchmark curves in Vietnam:

• VND Risk Free Zero Coupon: a real-time curve derived from actively traded Vietnamese government bonds
• Interbank Zero Coupon Curve: a real-time curve derived from interbank trading instruments such as deposit rates and interest rate swaps (IRS) prices contributed through Reuters. The curve can be used to price and revalue all customized IRS, long-term cross currency forward contracts and also cross currency swap in seconds.
• VND Interbank Offer Rate Fixing: developed using key information such as currency exchange rate, currency swap points, and USD deposit rates

These new instruments will help meet the market’s demand for reliable, benchmark quality data to price Vietnamese bonds and currency and builds on Reuters strategy to develop the region’s fixed income and money markets.

http://about.reuters.com/pressoffic...sp?pressid=2723
/Karin

Originally Posted by karinc

We have talked a bit about forming some kind of investment club... I read something at another forum about dong (Viatnamese currency) and I wonder what you thoughts are on this?



Dong Vs Dinar

--------------------------------------------------------------------------------

I buy alot of VND (Vietnamese Dong) and I just found this. Vietnam is in about the same place as Iraq in terms of WTO asessions, WB, IMF and already accepted Art.VIII. Billions being pummped into both countries (obviously more in Iraq). But here is the thing Vietnam seems a little ahead of Iraq on the R/V, Convertability thing. Not probably going to go as high as the Dinar but it is also 15,000:1 so we will see. Read this link and tell me what you think. If you want to discuss the VND you can PM me if Ken doesn't want us discussing other currency speculating here.

Just wondered if anyone has seen any of this type of things or we may want to keep an eye out for something like it with the Dinar as well.


20 June 2006.

Reuters supports Vietnam's fixed income and money markets with new benchmark curves



Hanoi – Reuters (LSE: RTR; NASDAQ: RTRSY) is the first information company to launch Vietnam Dong (VND) benchmark coupon curves following strong investor demand for government bonds in Vietnam.

To support the growing Vietnamese bond and foreign exchange markets, Reuters has released three new benchmark curves in Vietnam:

• VND Risk Free Zero Coupon: a real-time curve derived from actively traded Vietnamese government bonds
• Interbank Zero Coupon Curve: a real-time curve derived from interbank trading instruments such as deposit rates and interest rate swaps (IRS) prices contributed through Reuters. The curve can be used to price and revalue all customized IRS, long-term cross currency forward contracts and also cross currency swap in seconds.
• VND Interbank Offer Rate Fixing: developed using key information such as currency exchange rate, currency swap points, and USD deposit rates

These new instruments will help meet the market’s demand for reliable, benchmark quality data to price Vietnamese bonds and currency and builds on Reuters strategy to develop the region’s fixed income and money markets.

http://about.reuters.com/pressoffic...sp?pressid=2723
/Karin

Good find Karin,

I agree, and in fact am trying to purchase coffee plantation with some associates, so you are right, this is the land of opportunity along with Iraq.

Good luck to all, Mike

Originally Posted by karinc

We have talked a bit about forming some kind of investment club... I read something at another forum about dong (Viatnamese currency) and I wonder what you thoughts are on this?



Dong Vs Dinar

--------------------------------------------------------------------------------

I buy alot of VND (Vietnamese Dong) and I just found this. Vietnam is in about the same place as Iraq in terms of WTO asessions, WB, IMF and already accepted Art.VIII. Billions being pummped into both countries (obviously more in Iraq). But here is the thing Vietnam seems a little ahead of Iraq on the R/V, Convertability thing. Not probably going to go as high as the Dinar but it is also 15,000:1 so we will see. Read this link and tell me what you think. If you want to discuss the VND you can PM me if Ken doesn't want us discussing other currency speculating here.

Just wondered if anyone has seen any of this type of things or we may want to keep an eye out for something like it with the Dinar as well.


20 June 2006.

Reuters supports Vietnam's fixed income and money markets with new benchmark curves



Hanoi – Reuters (LSE: RTR; NASDAQ: RTRSY) is the first information company to launch Vietnam Dong (VND) benchmark coupon curves following strong investor demand for government bonds in Vietnam.

To support the growing Vietnamese bond and foreign exchange markets, Reuters has released three new benchmark curves in Vietnam:

• VND Risk Free Zero Coupon: a real-time curve derived from actively traded Vietnamese government bonds
• Interbank Zero Coupon Curve: a real-time curve derived from interbank trading instruments such as deposit rates and interest rate swaps (IRS) prices contributed through Reuters. The curve can be used to price and revalue all customized IRS, long-term cross currency forward contracts and also cross currency swap in seconds.
• VND Interbank Offer Rate Fixing: developed using key information such as currency exchange rate, currency swap points, and USD deposit rates

These new instruments will help meet the market’s demand for reliable, benchmark quality data to price Vietnamese bonds and currency and builds on Reuters strategy to develop the region’s fixed income and money markets.

http://about.reuters.com/pressoffic...sp?pressid=2723
/Karin

There is certainly nothing wrong with diversifying karinc. I shall have a look at it this week. Thank you.

Hi,

So how does one get hold of this currency there do not appear to be any sellers online.

Originally Posted by abbey56

Hi,

So how does one get hold of this currency there do not appear to be any sellers online.

I think that that person (who wrote that post) said that he bought on Ebay.

I put it up here because I thought it was interesting - but I don't know ANYTHING about it. That's why I posted it; here we have a whole bunch of savvy "investigators"!!! LOL So I thought that may be people here could check it out, and share their thoughts? Personally I don't have the mind to do it; I simply don't know or understand enough. I just trust whatever you guys say!

/Karin
Ps. And in my case, it would be AFTER the dinars peg...don't have any more money to spend, and if I did it would be on dinars!

Originally Posted by karinc

I think that that person (who wrote that post) said that he bought on Ebay.

I put it up here because I thought it was interesting - but I don't know ANYTHING about it. That's why I posted it; here we have a whole bunch of savvy "investigators"!!! LOL So I thought that may be people here could check it out, and share their thoughts? Personally I don't have the mind to do it; I simply don't know or understand enough. I just trust whatever you guys say!

/Karin
Ps. And in my case, it would be AFTER the dinars peg...don't have any more money to spend, and if I did it would be on dinars!

I'm with you Karin! I tripped into this AMAZING group of people by thinking that Adster was just another Marketing SmartA$$ trying to get people to buy/sign up with his "last time you'll see this thread"...til I started actually READING it...Now I feel like he's an old friend! Along with MANY OTHERS here!

But YES, YES, YES! The Dong sounds like fun ....AFTER the dinars peg...Like you, I would buy more dinars if I had the extra money right now! LOL!

Hi Karin!
Count on me Baby, :-)
about the "DONG" thing....but first - Let the Dinars Peg....high!!!

Soon!

I will pray it happen.

Big Hug
Miamarc

Hmmm outside of their currency having a Really Ummm dumb name "DONG"

This sounds like something to have a good look at also. Perhaps we should start our own company to sell it here in the US and other places like "freedinar" did?

Wow another one. Sure we will all need to deversify our New Found Wealth some where. Why not stay with currency of this Country too. I can see the next Gang name now, "The Dong Gang".

Originally Posted by neno

Wow another one. Sure we will all need to deversify our New Found Wealth some where. Why not stay with currency of this Country too. I can see the next Gang name now, "The Dong Gang".

The Ding Dong Gang???????