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Thread: Forex reserves drop to 'more than US$10 billion' in 2010-report

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    Administrator shela1153's Avatar
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    Forex reserves drop to 'more than US$10 billion' in 2010-report

    http://www.vietfinancenews.com/2011/...than-us10.html

    VietFinanceNews.com - Vietnam's foreign exchange reserves dropped to more than $10 billion last year, from $16 billion in late 2009.




    "The year 2010 left several difficulties as well as favourable points for Vietnam's economy," Planning and Investment Minister Vo Hong Phuc was quoted by the Vietnam Economic Times newspaper as saying.


    Phuc also said gross domestic product grew 6.8 percent last year with an annual inflation rate of 11.75 percent, adding Vietnam needed to work harder to achieve socio-economic targets for 2011.

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    Administrator shela1153's Avatar
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    oops! Forgot to tell you this was Vietnam lol Don't want to give you all a heart attack!

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    Go VND RV.
    Thanks.

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