TITLE

Dong Devaluation View Playing Out

PUB. DATE
January 2010
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jan2010, Vol. 21 Issue 1, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents highlight of the economic outlook for Vietnam in 2009. According to Business Monitor International Ltd. (BMI), dong devaluation would set the exchange rate to 18,500 Vietnamese dollars/U.S. dollars on November 25, 2009 and believes that it would expand to 5% (18,860 Vietnamese dollars/U.S. dollars) before the end of the year. In addition, BMI also foresee further downturn on Vietnamese stocks as the macroeconomic re-adjustment begin.
ACCESSION #
46793804

 

Related Articles

  • Paraguay: Currency Poses Real Risks.  // Emerging Markets Monitor;6/25/2007, Vol. 13 Issue 12, p16 

    The article looks at the risks posted by the Paraguay guarani to the economy in 2007. According to Business Monitor International Ltd. (BMI), the guarani depreciates against the U.S. dollar. The firm argues that this depreciation has stronger implications for the economy. Moreover, BMI gives a...

  • Devaluation Of The Dirham? Not Likely.  // Africa Monitor: North Africa Monitor;Mar2010, Vol. 15 Issue 3, p1 

    The article focuses on the forecast of the Business Monitor International Ltd. (BMI) concerning the competency of Moroccan dirham against the dollar for 2010. BMI predicts no devaluation of the Moroccan dirham, in which its exchange currency in the world market will remain stable in 2010....

  • No Devaluation Until After Election.  // Latin America Monitor: Andean Group Monitor;Oct2011, Vol. 28 Issue 10, p1 

    The article offers information on a report by Business Monitor International Ltd. (BMI) concerning the current exchange rate in Venezuela. It indicates that the country will keep its current fixed exchange rate at least until the next presidential election in 2012. It notes that the Venezuelan...

  • Venezuela: Plans Aside, Devaluation Probable.  // Emerging Markets Monitor;7/31/2006, Vol. 12 Issue 16, p16 

    The article presents a forecast on the foreign exchange rate of Venezuelan bolivar in 2006 and 2007, according to Business Monitor International. The government has no intentions to devalue its bolivar in 2006 or 2007 and is planning to maintain the current fixed rate of VEB2,144.60/US$. BMI...

  • Russia: Rouble To Hold At RUB41.00/basket…For Now.  // Emerging Markets Monitor;2/9/2009, Vol. 14 Issue 42, p15 

    This article provides an outlook for the value of the Russian rouble against the euro in 2009. Business Monitor International Ltd. (BMI) maintains that the rouble will hold just above the RUB41.00/euro rate in the short term. BMI notes that the devaluation of the currency would impact both...

  • Southern Cone.  // Latin America Monitor: Southern Cone Monitor;Feb2013, Vol. 30 Issue 2, p1 

    The article presents Business Monitor International's (BMI) monthly regional report on political risk and macroeconomic prospects for the southernmost areas of South America as of February 2013. One theme for 2013 is the turbulent period of exchange rate devaluation and economic decline in...

  • Bulgaria: Internal Devaluation Update.  // Emerging Markets Monitor;12/21/2009, Vol. 15 Issue 36, p16 

    This article looks at the commitment of the Bulgarian government to its policy of internal devaluation. Business Monitor International Ltd. (BMI) considers the policy as a way of improving price competitiveness. However, BMI believes that deflationist strategies will not be sustainable. The firm...

  • Jamaica: Dollar To JMD95.00/US$.  // Emerging Markets Monitor;2/9/2009, Vol. 14 Issue 42, p13 

    This article provides an outlook for the value of the Jamaican dollar against the U.S. dollar in 2009. Business Monitor International Ltd. (BMI) expects the Jamaican dollar to continue to fall against its U.S. counterpart. BMI relates the currency weakness to the unsustainable debt position of...

  • Israel: Shekel Heading To ILS4.25/US$.  // Emerging Markets Monitor;6/11/2007, Vol. 13 Issue 10, p22 

    The article looks at the devaluation of the Israeli shekel against the U.S. dollar in June 2007. According to Business Monitor International Ltd. (BMI), if the Israeli currency continues to depreciate, this would likely signal the end of the easing cycle. The firm also sees a risk of rates going...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics