Dong Advances as a Report Says Dollar Demand Eases

The Vietnamese dong advanced against the U.S. currency after the Dau Tu newspaper reported demand for dollars has declined.
``Demand for U.S. dollars at importers is lower than two months ago,'' the newspaper said, citing Tran Du Lich, head of the Ho Chi Minh Economic Institute. Individuals are also buying Vietnamese dong, particularly after the central bank said it had sufficient foreign currency to meet domestic demand, the report said, citing Lich...

Full story: Dong Advances as a Report Says Dollar Demand Eases - Vietnam Business Finance