will the vietnamese dong ever revalue

How about the 12 trillion dollars missing in 2009, or the 26 trillion dollar in bank bailouts without any authorization from congress, and the list goes on. Although Vietnam has had a turbulent past, with the Vietnam War and the general political instability which subsequently followed, it is now one of the rising stars in the Asian economic zone. If the Vietnamese economy resorted to currency devaluation in the past, there’s no longer any reason for the currency to stoop down further. Back to the Vietnamese Dong Buy Page Vietnamese Dong Security Features for Latest 500K Note The Vietnamese Dong (VND) is the national currency of Vietnam and since it was first introduced in 1978, has had a colorful history. One prediction to conclude; the dollar will go down in value no matter what the IMF, the WB, or any other manipulative banking cartel say. Following US Government appropriation of contracts for Iraq gives us a good idea when to prepare for changes. Federal Reserve officials were initially expected to raise rates in September, but officials decided to wait for more clear information before making a decision. ET by Mark DeCambre. However, it should be known that the currency of Vietnam has actually been devalued over the past few years. 10,000 shields of the Vietnamese Dong. Vietnamese Dong currency is expected to Revalue, but who knows for sure if the RV of the dong will happen. Vietnamese Dong is ready to leave the unlikely past behind. When this happens other currencies will move up as a result. The Vietnamese Central Bank is trying to keep the dong in line with a rising U.S. dollar. It is evident that the world is ready for a change. A number of Americans are buying the Vietnamese dong and other currencies, such as the Iraqi dinar, in the hope that these currencies rise significantly in value, reports Forbes. The US dollar has been abused so much by the large controlling monetary organizations to the point of no return. So for those who are holding foreign currencies Like the Iraqi Dinar or the Vietnamese Dong, it doesn't matter anymore if the IMF or the World Bank revaluate the currencies, it is going to reset itself. (Do not put your eggs all in one basket). GCR: Why the Vietnamese Dong will Revalue Vietnam has achieved a truly remarkable thing. However, he found the exchange rate much higher at Vietnam’s Agribank. The new bank will provide a collective foreign exchange reserve and a fund for financing developmental projects in order to address the needs of emerging and poor economies. Vietnam ETF continued its decade-long slump to fresh record lows amid economic fallout and weakening currency due to COVID-19. Projected Vietnamese Dong Exchange Rate . The new version of the Vietnamese Dong will cut off the four VNDs of the old Vietnamese dong, which means that the 1st shield of the new VND is equivalent to what we are using now. Vietnam Dong Revalue 2020. Dong Value To Increase . By joining the international market starting with the sale of bonds, as its predicted to be publicly announced, the currency will have no choice but to go up in value. The đồng (/ d ɒ ŋ /; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ; code: VND) has been the currency of Vietnam since May 3, 1978. A revaluation could take the currency out of the global currency basement, and put it back up on the main floor – where it had been for decades up until 1991. ... Bitcoin market value tops $1 trillion for first time ever as crypto price soars Feb. 19, 2021 at 11:24 a.m. “It's done,” said Pravin Gordhan, South African Finance Minister, on Tuesday Dec 31 2013, adding that “we made very good progress” on the formation of a World Bank-analogue development agency. The figure is expected to reach $100 billion at the end of this year, according to the SBV. Additionally, most banks and currency exchanges charge a premium for buying such low-volume currencies, and many holders of Vietnamese dongs may have trouble selling the currency back even if it does increase in value.

ARE THEY TRYING TO STEAL IT? Many articles try to debunk the idea of its revaluation (RV), but there are two things to consider; one is the fact that Iraq's economy would not grow without foreign investors. ACCORDING TO THE NATIONAL BANK OF VIETNAM, VIETNAM WILL ISSUE A NEW VERSION OF THE VIETNAMESE DONG ON JANUARY 1, 2015. One US bank Kirchenbauer called was offering one million Vietnamese dong for $56.90, which works out to 17,574 VND per dollar. Will The Dong Ever Revalue. Initially, the country of Vietnam was divided into the North and the South, each with their own distinctive currency. The government’s plans to make more electric energy power available has attracted major investors like Samsung Electronics. Any logical person would conclude that this stolen money from the American people is going to affect their economy one way or another; not to mention the loss of confidence in the American dollar regarding foreign investors. In January 2015 the State Bank of Vietnam devalued the dong to help Vietnamese exporters who rely on a competitive currency, reports Bloomberg. Create your own unique website with customizable templates. This economic progress encourages those that believe the Vietnamese dong will revalue in the near future. “Vietnam may be the latest country to be targeted by the U.S. as a currency manipulator in a twice-yearly Treasury report on foreign currencies expected this month. 8:30 PM [poppy3] ok the dong rate will be pushed by china since they have been purchasing most of the vn banks and lots of their factories and land for commercial developement over the last 3 years. According to our Forecast System, USD to VND Forex pair is a not so good long-term (1-year) investment*. Despite the recent history of the Iraqi dinar being so weak, the potential for an Iraqi dinar revalue could be a game changer. Currency Reset For Vietnam Dong. While being a dumping ground for U.S. dollar inflation and having its own currency consistently devalued, Vietnam has managed to produce one of the fastest economic expansions and modernizations in the history of the world. Historically, the Vietnamese Dong reached an all … "United States Dollar / Vietnamese Dong" exchange rate predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis. View Options Projected Vietnamese Dong Exchange Rate . Retire On The Iraqi Dinar And Vietnamese Dong » Will The Vietnam Dong Revalue Soon Apr 28, 2020 “The central bank will closely monitor market conditions and will use monetary policy tools to stabilise the foreign exchange market,” Ha said in Vietnam central bank says ready to sell dollars to support dong The Vietnamese dong is expected to rebound strongly vs. The Vietnamese economy grew 5.98 percent in 2014. Who Is Alexa — and What Does Amazon's Virtual Assistant Say About the Future of AI? Is the Iraqi Dinar Investment a Wise Investment? I don't believe that Vietnam can support a value higher than between $.05 - $.20, no higher. The State Bank of Vietnam … However, he found the exchange rate much higher at Vietnam’s Agribank. These Movies and Shows Can Help You Make Sense of Confusing Economic Concepts, Understanding Trustees' Duties and Responsibilities in Managing a Trust, Estate Planning 101: How to Probate a Will, The Differences Between “Defamation,” “Libel” and “Slander”. In 2014 the Vietnamese dong fell 1.4 percent against the U.S. dollar. It is worth mentioning also that the iraqi dinar is not the only currency which will be revaluated. Back to the Vietnamese Dong Buy Page . i truely expect the dong will come out around .03 to.06 cents but will float unlike the dinar that i feel will be fixed . Money Revaluation and the Currency Reset will Occur Due to Many Reasons. China has been pushing to bypass the US dollar for a while now, and with the creation of the BRICS Bank; this is possibly achievable within a year. News. Vietnamese Dong Revalue Possibility 2018 . The Vietnamese dong is not expected to rise in value or be significantly re-valued in the foreseeable future, according to Forbes. Related Posts. Tweet Pin It. http://www.youtube.com/watch?v=1QK4bblyfsc, http://www.youtube.com/watch?feature=player_embedded&v=_ojASipDzVY, http://indrus.in/blogs/2013/12/30/five_reasons_why_the_world_needs_the_brics_bank_32033.html, http://www.presstv.com/detail/2013/03/26/295322/new-brics-bank-to-rival-world-bank-imf/, http://online.wsj.com/news/articles/SB10001424052702304644104579193433370762464, Forbidden Knowledge of World Domination and the Spiritual Connection to a Web of Secrecy, A Career Divorce is a way to upgrade your Quality of Life, The Perfect Job is Working for Yourself and Making Money. By keeping the dong at a competitive rate the Vietnamese government is keeping its export-based economy growing. The devaluation of the Vietnamese dong in January 2015 was the second devaluation in seven months, states Bloomberg. As for external headwinds, according to Hieu, though the US and China this month signed a first phase trade agreement, there are still a … The less demand on the dollar the lower its value, the more demand the higher the value; anyone can do the math. Luckily, the Vietnamese economy is likely to reach stability in 2012. The Southeast Asian nation is coming under scrutiny for artificially holding down the value of the dong, people familiar with the matter said.” Leave The Vietnamese Dong Out Of This “The impacts will cause the dong to depreciate by between 2 and 3 per cent in 2020,” Hieu forecast. The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND.

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