VietNamNet Bridge – The dollar price has been falling for one week,
despite the State Bank of Vietnam’s move to devaluate the dong by one
percent one month ago. SEE MORE HA NOI (VNS) — Local gold prices dropped by 0.38 per cent yesterday
to a four-week low of VND36.6-36.7 million (US$1,686 – 1,692) per tael,
driven by a downward trend in world markets on a strengthening of the
dollar on Monday and Tuesday. SEE MORE The dream of pollution-free coal plants is getting a boost from growing demand for carbon dioxide used to revive old oilfields. SEE MORE Gold dropped as some traders deemed an advance to an almost four-month
high as excessive and as investors awaited clues on when U.S. policy
makers may begin raising interest rates. Silver declined. SEE MORE Dollar credit in
Vietnam grew by 9.4 percent in the first five months of the year as the
central bank loosened restrictions on greenback loans to boost overall
credit growth. SEE MORE