Hun Sen made the remarks while presiding over a groudbreaking, Local company Overseas Cambodian Investment Corp Ltd (OCIC) on Monday announced plans to spend a total of $2.5 billion to develop the Koh Norea peninsula in southeastern Phnom Penh into a new satellite city. According to analysts from Fitch Solutions, a strong foreign reserves position should allow the central bank to safeguard the currency against excessive downside volatility to avoid potential punitive measures from the US due to currency manipulation. We are similar to Google News but focus on news tracking by country, Max Arias How Can Financial Literacy Combat Wealth Inequality? All Rights Reserved. While the USDVND spot exchange rate is quoted and exchanged in the same day, the USDVND forward rate is quoted today but for delivery and payment on a specific future date. Net purchases of foreign exchange was also only at 0.8 per cent of GDP in the four quarters to June 2019.”. Make sure to subscribe to the Newsletter if you haven’t already done so. Learn also about the latest attempts on Putin and by whom. — VNS. In an open letter, the Cambodian diplomats said Kausikan’s remarks were made from a, Prime Minister Hun Sen has announced a temporary opening of the 488m underpass at the Chaom Chao roundabout in Phnom Penh’s Por Sen Chey district, which was recently completed to connect traffic from National Road 4 to Russian Federation Blvd. Dinar Revaluation – Will the Iraqi Currency RV? Check out our short video and Join millions of professionals in business, industry, and government who The analysts explained Vietnam was included on the list as its goods trade surplus with the US continued to rise significantly, with the surplus reaching $47 billion over the four quarters through June 2019. The announcement comes as the firm broke ground on two monumental bridge, The Ministry of Health reported two more Covid-19 cases on October 28 after two Cambodian men travelling from Japan tested positive, bringing the total active cases to seven. Vietnam received US$38 billion in total registered investment capital last year, up 7 per cent from $35.5 billion in 2018. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. You can read the original Central Bank of Iraq articles which I had translated here: http://dinarrvnews.net/central-bank-iraq-restructuring-iraqi-currency-deleting-zeros/ http://dinarrvnews.net/translated-central-bank-of-iraq-statements-on-iraqi-currency-deletion-of-zeros/ First article: Will the implementation of the project because […], At the request of a few people who were interested in the private exchanges, I went ahead and had this transcribed. Vietnam Dong Revalue 2020. As for long-term outlook, the dong would gradually depreciate against the US dollar due to its overvaluation and Vietnam’s higher inflation vis-a-vis the US to average 23,650 dong per dollar next year, they predicted. You can share relevant news on your website, However, it is forecast that infrastructure and human capital bottlenecks will see FDI to the manufacturing and processing sector ease this year. And so easy to use. The processing and manufacturing sector continued to attract the bulk of FDI at $24.6 billion, which … Daily News Report & Second Stimulus Check Update Thursday Nov 5, MarkZ Thursday Update – Some highlights by PDK – Not verbatim, IRAQ NEWS “The irrefutable logic of numbers and the inevitability of reform in Iraq” IQD Iraqi Dinar. At the Consulative Group Meeting in June, the International Monetary Fund estimated that Viet Nam's foreign reserves totalled $13.5 billion, equivalent to 1.5 months of imports. While There Is No Way To Avoid Taxes, There Are Ways To Make Them Easier with Tips from American Tax Solutions, IBS, N.A. Yesterday, banks quoted buy/sell rates of VND20,814/VND20,824 per dollar, while the greenback traded for under VND21,000 on the black market. The US Treasury adds a country to its currency manipulator watchlist if it meets two of three criteria: trade surplus with the US of at least $20 billion, current account surplus of at least 2 per cent of GDP and persistent, one-sided intervention in the currency equivalent to 2 per cent of GDP in six months of a year. Fitch analysts forecast the dong to average just slightly weaker by about 1 per cent and to average 23,475 dong per US dollar this year. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 2020 Vietnamese Dong (VND) to US Dollar (USD) from Tuesday, 03/11/2020 till Tuesday, 27/10/2020. Editor_In_Chief: Trinh Thanh Thuy check in with us to start right now. HA NOI — The State Bank of Viet Nam plans to increase the value of the Vietnamese dong against the US dollar over the next four months in a bid to protect the value of the domestic currency, State Bank Governor Nguyen Van Binh told Sai Gon Economic Times this week. News. Tel: 84-24-39332316; Fax: 84-24-39332311 E-mail: vnnews@vnagency.com.vn Also, make sure you sign up to my FREE newsletter below: Last Updated On: December 5, 2016 By: Nick Giammarino Subscribe to the […], Benefits of dropping zeros of Dinar 2016/11/06 | 15:00 هل سيتم تنفيذ المشروع لما فيه من فوائد اقتصادية كبيرة . Despite being under more pressure, experts also forecast the Vietnamese central bank would try to limit the depreciation of the dong as the country is still stuck on the US’s currency manipulator watchlist. “Due to a decline in global demand, Vietnam’s exports in 2020 may not be positive as last year and the Government even forecasts a trade deficit of about 3 per cent of export turnover this year,” Hieu said, adding that Vietnam’s imports are also likely to rise over the coming months, outpacing exports and putting pressure on the dong. This is likely to see Vietnam ramp up imports of meat to deal with the shortfall, causing higher inflation in the coming months. Xabibni Yangi Jangi 2020. have relied on EIN News since 1995. Direct access to our calendar releases and historical data. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings. Copyrights 2012 Viet Nam News, All rights reserved .Add:79 Ly Thuong Kiet Street, intranet, workgroup or mobile device. The USDVND spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the VND. Moreover, as US President Donald Trump wants to use the trade war to gain an advantage over his opponent in his re-election campaign, the war cannot end in 2020, Hieu said, adding this would continue to have a strong impact on US dollar and Chinese yuan in 2020, putting pressure on the dong. We scan thousands of news sites, so you don't have to, saving In 2014 the Vietnamese dong fell 1.4 percent against the U.S. dollar. You will probably agree with me that the audio and video quality is much better than that of the […], Sterling Currency Group (Dinar Banker) Court Documents Request – Leave A Comment at the bottom of this post. The central bank bought up over US$4 billion in the first seven months of the year. After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds. Inflation was at 5.2 per cent year-on-year in December 2019, up from 3.5 per cent year-on-year in November 2019, led by a 9.2 per cent year-on-year inflation in food prices, up from 5.6 per cent year-on-year over the same period. Vietnam Dong Revalue 2020. She said without an arrest warrant or proffering any criminal charges, Stephen Sidney Greatsinger, 56, is being detained, A group of former and current Cambodian diplomats on Tuesday fired back at retired Singaporean diplomat Bihalari Kausikan after he proposed that ASEAN dismiss Cambodia and Laos from the bloc. VIETNAMBIZ.VN/VIET NAM NEWS, Phnom Penh Post - Vietnamese currency under bigger pressure in 2020, Vietnamese currency under bigger pressure in 2020. A service for banking industry professionals, Typhoon Molave leaves 39 dead, 44 missing in Vietnam, Pompeo wraps up Asia tour in Vietnam following prisoner release, Vietnamese PM Plays Down American Claims of Currency Manipulation, Mnuchin Seen Delaying Currency Report Until After Election, Xinhua world economic news summary at 0900 GMT, Nov. 2, Trump Administration Opens Investigation Into Vietnam’s Trade Practices, Trump administration set to announce Vietnam currency probe, Vietnam’s forex reserve sets new record, More than 100 dead as Vietnam reels from 'worst floods in decades', U.S. Treasury says Vietnam currency was undervalued in 2019 in tire probe assessment, Xinhua summary of Asia-Pacific stocks news at 1100 GMT, Oct. 20, Post Office: GBP worth more as holiday currency than last year, Xinhua summary of Asia Pacific stocks news at 1100 GMT, Oct. 9, CFTC Charges Wisconsin Firm And Its Manager With Registration, Disclosure, And Recordkeeping Violations, Vietnam Ministry Seeks 30% Corporate Tax Cut for Small Firms, 3 dead, 113 injured as typhoon lashes Vietnam. Vietnam Factory Activity Continues to Recover, Vietnam Tourist Arrivals Sink 99.1% YoY in October, Vietnam Retail Sales Grow the Most in 9 Months, Vietnam Industrial Output Growth at 4-Month High, Vietnam Inflation Rate at 5-Month Low of 2.47%, FDI Into Vietnam Falls 2.5% in January-October, Vietnam Q3 GDP Annual Growth Accelerates to 2.62%, Fitch Revises Vietnam Credit Outlook to Positive, Japan Total Cash Earnings Decline for Sixth Month, Mexican Equities Surge Amid Election Rally, Argentina Industrial Production Rebounds 3.4% YoY. HA NOI — The State Bank of Viet Nam plans to increase the value of the Vietnamese dong against the US dollar over the next four months in a bid to protect the value of the domestic currency, State Bank Governor Nguyen Van Binh told Sai Gon Economic Times this week. "The primary target of foreign exchange policy is to stabilise the dong and keep it under control, not to fix it. “The impacts will cause the dong to depreciate by between 2 and 3 per cent in 2020,” Hieu forecast. Iran Secret Plans To Remove Iraq 3 Presidency, Iraqi Dinar/US Dollar auction results 11-5-2020, Iraqi Dinar/US Dollar auction results 11-4-2020, Dollar prices are dropping in the Iraqi market 11-3-2020. PRESIDENTIAL ELECTION RESULTS: SERIOUSLY? The current documents are available from Pacer via this link – https://ecf.gand.uscourts.gov/cgi-bin/mobile_query.pl?search=dktEntry&caseid=218667&caseNum=1:15-cv-02677-LMM you must be REGISTERED to access them.

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