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dollarisation
Update news dollarisation
Gap between domestic and global gold prices is reasonable: SBV Governor
Governor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy
Finance Ministry plans to issue government bonds in foreign currencies
The announcement by the Ministry of Finance (MOF) to seek capital in foreign currencies from domestic sources has raised concerns. Experts warned this would encourage people and businesses to hoard foreign currencies and worsen dollarization.
