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  1. #1
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    Jan 2008
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    Default Bitter pill may alleviate Vietnam inflation woes

    The State Bank of Vietnam (SBV) had two options.
    It could have either relaxed its control on the exchange rates so that the dong would gain in value relative to foreign currencies.
    A revalued dong would make Vietnamese exports more expensive to international consumers and thus reduce exports....
    Full story: Vietnam Business Finance: Bitter pill may alleviate Vietnam inflation woes

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