Dong forwards dropped to the weakest in more than 16 months
 

Vietnam to Allow Gold Imports to Prevent Speculation

The price of gold in Vietnam was 27.5 million dong ($1,539) per tael today, according to a telephone directory information service run by Vietnam Posts & Telecommunications. It earlier reached a record high of more than 29 million per tael, online newswire Dan Tri reported, citing local jewelers. One tael is about 1.2 oz of gold.

http://www.bloomberg.com/apps/news?p...d=aPA2HISVOVqU

Re: Dong forwards dropped to the weakest in more than 16 months
 

Who wants to get caught holding the Dong, eh.

Re: Dong forwards dropped to the weakest in more than 16 months
 

Sound like viagra is in order.

Re: Dong forwards dropped to the weakest in more than 16 months
 

Headlines that indicate things are getting better in Vietnam:

Dong Rises on Strong Stimulus

Dong's Rise Means a Happy Ending for Investors

etc. etc.