Thread: Resources for The Dong. No sence all your "EGGS" in one Basket....

I just got a call from a guy that ask me to check the SBV. I have the link in the first post of this thread. Ngân hÃ*ng nhÃ* nÆ°á»›c Việt Nam - The State Bank of Vietnam - Ngan hang nha nuoc Viet Nam As I checked it for him cause he is watching some HONG KONG REPORT on the DONGS Index being reported at 911.78 he ask me to check. As I just check it postes like this: 1 USD=16.132,00 VNĐ I never remember it looking like this. Why is there a dot after 16? That is my question. Thanks.

they use the dot as a comma....,,,,....,,,....i guess

nammoney postes it like this:

China
$1 = 7.61 China Yuan

Malaysia
$1 = 3.44 Malaysia Ringgits

Taiwan
$1 = 33.18 Taiwan New Dollars

Philippines
$1 =46.45 Philippines Pesos
Vietnam $1 =15,910 Vietnam Dong

The above represents approximate rates as of 6/29/07 Exchange rates are subject to change.

Originally Posted by pee wee

they use the dot as a comma....,,,,....,,,....

Cause the comma is there after the 132,

Originally Posted by neno

Hot News: Vietnam, Kuwait sign trade, cooperation deals
Last Updated: Thursday, April 12, 2007 20:47:23 Vietnam (GMT+07)

Vietnam wants dong currency to be convertible


Vietnam, with a small but fast-expanding economy, wants the restricted Vietnamese dong to be convertible in the international market, a central bank official said on Thursday.
"We want the dong to become a convertible currency," Deputy Governor of the State Bank of Vietnam Phung Khac Ke told reporters after a signing ceremony of a $35 million financing agreement with the World Bank to help Vietnam fight bird flu.

"The government has assigned the State Bank to work on this project," he said without giving further details or outlining a timetable for currency convertibility.

Vietnam's economy is projected to grow more than 8 percent this year. The country's gross domestic product expanded 8.17 percent last year to around $60 billion.

Asked if the central bank planned a further depreciation of the dong to support exports, Ke said: "Our policy in managing the dong is to aim for a stability and flexibility to support both exports and imports."

Vietnam had a trade deficit of $1.32 billion in the first quarter of this year, against a $60 million surplus after the first three months of 2006.

The World Bank last week forecast that Vietnam's trade deficit would jump 26.5 percent to $7.98 billion this year from 2006.

But it also forecast that the country's foreign currency reserves plus gold would be boosted to $16 billion this year from $12.5 billion last year and $8.6 billion in 2005.

Truong Van Phuoc, director of the central bank's Central Banking Department, said in March the central bank did not have any fixed outlook on the dong's movement against the dollar.

The central bank has allowed the dong to weaken so far this year just 0.07 percent against the dollar.

On Thursday the dong eased to 16,112 to the dollar, from 16,101 at the end of 2006.

Vietnam latest news - Thanh Nien Daily

This is from a vietnam article and there is a coma instead of a period. I am just trying to see what this means at the SBV site now. I have a couple old rate posted somewhere, trying to locate them. Thanks

Originally Posted by neno

I just got a call from a guy that ask me to check the SBV. I have the link in the first post of this thread. Ngân hÃ*ng nhÃ* nÆ°á»›c Việt Nam - The State Bank of Vietnam - Ngan hang nha nuoc Viet Nam As I checked it for him cause he is watching some HONG KONG REPORT on the DONGS Index being reported at 911.78 he ask me to check. As I just check it postes like this: 1 USD=16.132,00 VNĐ I never remember it looking like this. Why is there a dot after 16? That is my question. Thanks.

Hey, neno

Had me confused too, But doesn't take a lot for me to get that way some times.
They are using dot for a comma and vice-a-verse-a.


Arkie.

Originally Posted by Arkie

Hey, neno

Had me confused too, But doesn't take a lot for me to get that way some times.
They are using dot for a comma and vice-a-verse-a.


Arkie.

I was just wondering cause I didn't remember it that way, cool.

Originally Posted by Arkie

Hey, neno

Had me confused too, But doesn't take a lot for me to get that way some times.
They are using dot for a comma and vice-a-verse-a.


Arkie.

Thats just the way they do it over there.

Originally Posted by Bungalobill

Thats just the way they do it over there.

strange, but true.
hello again! btw!

Neno,
This is how it has posted since I have been checking out!
If you figure out anything tell me. I also wonder why it looks like the numbers are getting higher instead of lower.
If you have an answer holler at me
Thanks

Tỷ giá ngoại tệ

Tỷ giá bình quân liên NH
Ngày 3/7/2007

1 USD=16.130,00 VNĐ

Tỷ giá giao dịch của NHNN tại Sở Giao dịch
Ngày 3/7/2007

Mua

Bán

USD

16.131

16.136