VietNam to Face `Turbulence' Until Inflation Slows, Fund Says
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06-10-2008, 09:05 AM
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VietNam to Face `Turbulence' Until Inflation Slows, Fund Says
Recent market ``turbulence'' in Viet Nam that has included rising bond yields, tumbling stocks, and a fluctuating currency is unlikely to ease until inflation slows, according to an investment fund focused on the country.
Viet Nam's five-year local-currency bonds have faced ``continued selling pressure'' while the nation's currency market is ``in upheaval,'' Indochina Capital Vietnam Holdings Ltd. said, in a note posted on its Web site... Full story: Vietnam Stock Market News: Viet Nam to Face `Turbulence' Until Inflation Slows, Fund Says
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Vietnam Stock Market News: http://www.vnstocknews.com 
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| Thread | Thread Starter | Forum | Replies | Last Post |
| VietNam Raises Key Rate to 14% to Rein in Inflation | shevaub | Business News | 2 | 06-10-2008 09:11 AM |
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