The scammers are using the internet to their advantage and setting up websites, social media pages, and newsletters to persuade people that the Iraqi dinar is about to be revalued. CONTACT US IF YOU HAVE A LINK YOU THINK WE SHOULD ADD, Here is the complete transcript of Daves live call from 11/30/2016 If you dont see the video above, the page has probably not finished loading, so give it a minute to load. The dinar became 99.3% less valuable overnight. The economic downturn affected the entire country so much that 70% of Vietnams citizens lived below the poverty line after the Vietnam war. In November this year, the US dollar climbed to a 16-month high when the US announced its highest inflation rate in the last thirty years. On 22 September, the SBV also raised interest rates for the first time in 11 years, increasing the refinancing, overnight lending and SBV loan rates by 100 basis points to return them to March 2020 levels. What affects the Vietnamese dongs value? The pair could then retreat from the peak above 24,000 to trade at 23,600 by the end of the first quarter of 2023, 23,500 by the end of the second quarter, 23,400 by the end of . Please like this video!Join . The USD/VND exchange rate then declined to 23,080 at the end of 2020 and reached 22,645 by November 2021. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. It will sell 21,420 dong per U.S. dollar (not including ordinary fees). There's a gap between how a . "Optimum est pati quod emendare non possis." by dolphinsaremammals Fri Jul 24, 2015 4:55 pm, Post call +44 20 8089 7893 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. I just saw the whole thing about going to do anther state, now it's a safety issue too. The move came after the Fed raised interest rates by another 75 basis points, prompting a number of central banks to also raise rates last week. While the sheer terror of realizing you may have lost a boatload of money after buying a foreign currency is bad enough, the source regretfully informed me that, Some dinar dealers are even more unscrupulous than the advertisers. Hassan Nazim said on Monday (September 6) that the price of US dollar against Today, its the Iraqi dinar scams that are overflooding the market. watch now. Ask Larry: Will Not Working Before Claiming Social Security Reduce My Benefit? You should do your own research to develop a view of the currency as an investment. Yet, as you already know, if it sounds too good to be trueinvestors should run like heck. by mhalley Thu Jul 23, 2015 3:41 am, Post Join us in creating opportunities and sharing ideas to all. 1. It was designed to -Seneca. At this point, their exports will decrease due to more expensive labor. Countless warnings and blood soaked war stories are prevalent online, but to my surprise investors continue to fall for it, throwing good money at a very bad idea. As it turns out, the scams success is based on a powerful combination of greed, apparent inside information, and the ability to see, feel, and touch the currency. The difference between trading assets and CFDs. by Grogs Thu Jul 23, 2015 7:50 pm, Post DON'T FORGET TO SUBSCRIBE http://bit.ly/RapidUpdatesYoutube-----------------------------------------------------------------------------------------------IMPORTANT DISCLAIMER I am NOT a Financial Advisor. I tried to tell him it was a scam but was not successful. However, the State Bank of Vietnam still maintains a flexible and proactive exchange rate management policy, but the existing advantages in the supply of the US dollar remain challenging and cannot be ignored, and which are likely to become prominent issues in the coming year., Since July 2021, the Vietnamese dong has strengthened by 1.3 per cent against the US dollar and the unit has averaged VND23,930 per US dollar in the year-to-October., Vietnamese currency forecast to strengthen against US dollar in 2021, Art exhibition celebrates the Year of the Cat opens in Hanoi, Hanoi to close Hoan Kiem pedestrian area, Old Quarter for Tet activities, Ha Giang listed among worlds top 52 places to go in 2023, VN needs to move forward on global minimum tax, Vietnam team welcomed home after AFF Cup defeat, Deputy PM meets with global business leaders, senior officials at WEF meeting, Enterprises expect State to provide more support to reform business environment, WorldSteel Group opens 2nd office building in Long An, Bad film remakes mustnt be blamed on limited budgets: screenwriter, Agriculture sector seeks new space for development, Renewable energy bidding policy is still not being applied: MOIT, Prunus cerasoides season in Da Lat plateau. You might try the FBI, but this sounds a lot like the old Nigerian scam of laundering money for the prince. Watch out. Again, laws of supply and demand say that dramatically increasing the supply of something will drive down its inherent value. In the first half of 2021, the exchange rate stabilized around VND23,000 to VND23,100 per US dollar, but in the second half of the year, the US$/VND exchange rate continued to follow a downtrend, meaning that the Vietnam dong showed increase. I know (albeit indirectly) the secretary to the President and a number of similarly well-connected people. The Australian dollar has also weakened, now buying 15,500 dong from 16,400 at the start of 2022. Treasury Vault offers the ability to buy Vietnamese dong at the lowest prices.Our foreign currency prices are updated to stay consistent with current prices. 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. So, the dong does not appear to be a good investment based upon its risk-reward profile either.. Two transactions might be created, one for the accounting currency and one for the reporting currency, if a reporting currency is relevant. In such regimes, the official value of the currency can be altered only via a decision by the countrys government. Ask Larry: Can My Husband's Ex File On His Record And Reduce Our Benefits? I use these products and if they are awesome, then you should know about it! According to the State Bank of Vietnam branch in Ho Chi Minh City, the amount of remittances to the City in the last eleven months is estimated at US$6.2 bn and for the whole year they are estimated from US$6.5 bn to about US$6.6 bn. Ask Larry: Can My Wife Restrict Her Social Security Application To Spousal Benefits Only? by ShiftF5 Wed Jul 22, 2015 9:02 pm, Post The Vietnamese government aims to keep the value of the dong relatively stable to encourage exports and foreign investment. Similar to political stability, a strong economic environment can attract investments. All factors that seem to make investing in either of them a very credible and enticing opportunity to outsmart Wall Street, best fellow investors, and get rich quick by uncovering secrets the government doesnt want us to know. Prior to this, South Vietnam was also dominated by piastre notes. Analysis by Malaysia-based Maybank expects Vietnams GDP to grow by 8% in 2022, up from a previous forecast of 6.9%, supported by retail sales on an improved labour market and the return of tourism following Covid-19 lockdowns. All of these factors have reassured Vietnam officials to target a GDP growth of 6 percent. by TimeRunner Thu Jul 23, 2015 8:04 am, Post Reply. One financial expert believes that the risk to the Vietnam dong also lies in the fact that the yuan can reverse suddenly when the Fed narrows quantitative easing due to rising inflation. Analysts at Japanese financial services firm Mizuho expected the US dollar to remain strong against emerging market currencies: Mizuhos Vietnamese dong forecast for 2022 indicates that the USD/VND pair could trade in a 23,300-24,200 range during the fourth quarter and end the year at 23,700. Something went wrong while loading Watchlist. As you can imagine, that would make those holding either currency instant millionaires overnight. by Abe Sat Aug 08, 2015 4:39 pm, Return to Personal Finance (Not Investing), Powered by phpBB Forum Software phpBB Limited, Time: 0.275s | Peak Memory Usage: 9.81 MiB | GZIP: Off. The expectation is also there that the US Federal Reserve (Fed) will tighten monetary policy, and raise interest rates. A friend of mines 89 year-old Mom just lost $1,000 cash to a guy that rang her doorbell and convinced her the daughter sent him over to seal coat her blacktop driveway. The VND forecast against the euro from Trading Economics indicated that the EUR/VND pair could move down to 22,011 in one year, from 22,714.40 at the end of the third quarter. They sell counterfeit currencies, which will be absolutely worthless if people ever try to redeem them.. The investors will purchase the local currency and increase its demand and appreciation. As it turns out, the scams success is based on a powerful combination of greed, apparent inside information, and the ability to see, feel, and touch the currency. (Ralph Waldo Emerson). I'd nip this in the bud. . The Vietnamese Dong was first introduced in 1946, replacing the piastre of French Indochina. Report Save Follow. 5%. At the beginning of 2021, this index was only at 90.535 points. Post So I thought it was worth a gamble. Capital Com is an execution-only service provider. Tue, Dec 22 2020 2:50 AM EST. Re: VND Revalued. In fact, the most compelling part of situation is that both the Iraqi and Vietnamese currencies are legitimate and tangible. losed Joint Stock Company FinTech Solutions. Are you looking for a Vietnamese dong forecast to inform your trading? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. H NI The Vietnamese This is where greed enters the scam and investors compound their losses. Past performance is no guarantee of future results. In this article, we look at recent exchange rates trends and some of the latest Vietnamese dong predictions from analysts. However, he found the exchange rate much higher at Vietnams Agribank. The former keeps the currencys value within a narrow scope, and therefore provides more certainty to both exporters and importers. Buying Vietnamese Dong & holding for revalue. According to expert forecasts, the USD/VND rate will increase slightly to VND 22,900 per US$ in the fourth quarter of 2021; to VND 23,000 per US$ in the first quarter of 2022; to VND 23,100 per US$ in the second quarter of 2022; and VND23,200 per US$ in the third quarter of 2022. On the other hand, in a floating exchange rate system changes in the value of the currency are generated by market forces. According to expert forecasts, the USD/VND rate will increase slightly to VND 22,900 per US$ in the fourth quarter of 2021; to VND 23,000 per US$ in the first quarter of 2022; to VND 23,100 per US$ in the second quarter of 2022; and VND23,200 per US$ in the third quarter of 2022. This currency entered the South area six years later, in 1953. The USDVND spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the VND. The countrys economic recovery, the strengthening of the Chinese yuan, and the U.S. expansionary monetary policy are predicted to keep the exchange rates of this exotic currency steady. Its like shopping for a house cat, but buying a tiger instead, and then finding out you are allergic to cats. Make sure to subscribe to the Newsletter if you havent already done so. by Nicolas Fri Jul 24, 2015 7:02 pm, Post Forecasting the value of any given currency is a challenging task that often results in unreliable predictions. The direction of the dong could depend on the strength of the US dollar, how demand for exports from Vietnam are affected by a slowing global economy, and monetary policy in Vietnam, among other factors. Analysts had expected the SBV to increase rates, but 100 basis points was higher than previous hikes and higher than other countries in southeast Asia. Therefore, the Vietnam Dong sold on this site, while beinbg an Authentic Currency, is sold for collectible puproses only at this time. 87.41% of retail investor accounts lose money when trading CFDs with this provider. Iraqi Dinar Guru News - Revaluation Updates and Facts, Iraq Currency Updates - IQD RV News Recaps and Detectives Analysis. Investors can not only hold them, but also show their spouse, friends and even fold them up and put them in their wallets. Personally, I think were only in the first or second stage of this losing strategy. Visit a quote page and your recently viewed tickers will be displayed here. Your worry is how to stop her sending more and more money to these criminals. The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per USD. Depending on future circumstances, the Vietnamese official currency could see a rise in its value, but it depends on the further development of the ongoing global health crisis and the pace at which the global economic and business environment will improve. by Index Fan Fri Aug 07, 2015 12:13 pm, Post I tried to find as much evidence as possible to let her know it was a scam and do whatever she could to see if she could get her money back, to no avail. Parent caught up in forex (vietnamese dong) scam What should I do? Dave Schmidt Transcript of Live Call 11-30-2016, Benefits of Dropping Zeros From The Iraqi Dinar, Central Bank of Iraq Delete Zeros Off IQD Early 2017 Arabic News, Transcript Private Currency Exchanges Dave Schmidt LiveStream October 26 2016, Nick And TNTBS on Wingit Call Transcript and Video October 28 2016, Sterling Currency Group Dinar Banker Court Documents Update. Also propping up this bad strategy are the media sources reaping big advertising dollars from dealers in dinar and other exotic currencies for stories that support the idea that these securities will revalue, and soon. There are currently no items in this Watchlist. On the bright side of all this, if you already own these currencies, there may be one benefit. The expectation is also there that the US Federal Reserve (Fed) will tighten monetary policy, and raise interest rates. -0.95%. With transaction fees and spreads included, one would have lost money if they bought either the dong or dinar 10 years ago. by corn18 Thu Jul 23, 2015 7:11 am, Post Still, the country has managed to reduce poverty dramatically since then. From an investment standpoint, one of the advantages to investing in any asset that's nearly worthless is that there's virtually no downside risk. It follows a sharp rise in US interest rates and weakening global demand prospects, which have increased the risk of capital outflows and contributed to downward pressure on the Vietnamese dong, although the currency has weakened by less against the US dollar than many other APAC currencies this year,. The VND/USD exchange rate was at a low of 0.00004190 on 30 September. Risk Disclosure Statement. It is issued by the State Bank of Vietnam.The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. If it don't go up, don't buy it. This rise in interest was encouraged by the countrys recovering economy, and more tourists exploring this beautiful, budget-friendly country. Re: Parent caught up in forex (vietnamese dong) scam What should I do? The SBV has been selling large amounts of US dollars from its foreign exchange reserves and has withdrawn trillions of dong through open market operations to maintain banking system liquidity and indirectly increase interbank interest rates. On the other hand, a decrease in demand can weaken the currency. These videos are for entertainment purposes only. However, message me below in the comments and I will post some of them. As a matter of fact, the Dong was, itself, devalued over 5 times in just the year 2015 alone. This idea has given birth to many "investment" scams, promising 1,000-fold returns to investors who buy dinars at a steep markup. ^^^ Leave that for the professionals (FBI, etc.). Forbes had an article of the scams in their 3/24/15 issue titled. Have Watchlists? This currency entered the South area six years later, in 1953. Just wow. |. Thanks for posting. Many of the scam artists out there are smart enough never to break any law, which means theyre in a position to dupe people indefinitely.. Did she ever receive any bills for service? SULAIMANI Spokesperson for Iraq's federal government For example: "1000000 vnd to usd" (or whatever currency you use), and you'll get the result. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. What will be the value of Vietnam dong in 2022? Initially, I just dismissed the questions and put-off the requests, informing clients and other investors that we dont employ or recommend currency-based strategies. by TradingPlaces Fri Jul 24, 2015 9:28 pm, Post They are optimistic because the countrys exports increased rapidly, making a higher trade surplus. by millionaretrucker Fri Jul 24, 2015 4:38 pm, Post But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." They are common in developing economies that are looking to provide a stable system. At the same time, the value of Vietnam's foreign exchange reserves as reported by BIDV Securities Joint Stock Company (BSC), have reached US$105 bn. We work hard to stay up-to-date to the every changing needs of our customers, and to meet them perfectly. The Vietnamese dong (VND) is the official currency of Vietnam. Will the Vietnamese Dong RV Revalue? Foreign investors amount reached US$26.46 bn, up by 0.1% over the same period last year, while realized FDI capital in last eleven months is estimated at US$17.1 bn. Any further interaction is asking for trouble. All contributions, guest posts, and sponsored posts will be deemed owned by the publication and its owner/s. At the same time, the Vietnam dong may face pressure against a stronger greenback in the international currency market. by barnaclebob Wed Jul 22, 2015 9:26 pm, Post Negosentro.com respects your privacy. This rise in interest was encouraged by the countrys recovering economy, and more tourists exploring this beautiful, budget-friendly country. The dong (Vietnamese: ng, Ch Nm: ) (/ d /; Vietnamese: [wm]; sign: or informally in Vietnamese; code: VND) has been the currency of Vietnam since 3 May 1978. by Sheepdog Thu Jul 23, 2015 4:21 pm, Post Rapid Update #Shorts Dose on Vietnamese Dong Currency Investment \u0026 Economy. Will the Vietnamese Dong be Revalued Soon? Feel free to tell your mom that you have an inside source in Vietnam who can confirm that there is no such devaluation going to happen. 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. On the other hand, countries prone to political turmoil are more likely to see depreciation in their currencys exchange rates. That's not nearly as negative a situation as it seems at first glance. For inquiries, please Contact us! Will the Vietnamese Dong RV Revalue? A friend had told her about an imminent revaluation of the Vietnamese dong and she was going to be a multimillionaire, without any downside. By 2020, something unexpected happened when the Vietnam dong increased slightly by 0.2% against the US dollar. It might be worthwhile to talk to a tax advisor about selling the currency back and writing off the loss. One US bank Kirchenbauer called was offering one million Vietnamese dong for $56.90, which works out to 17,574 VND per dollar. The dong was revalued in September 1985 at a rate of 10 old dong to one new dong. Federal Budget Law to 1,450 Iraqi dinars per US dollar. What I say in my videos are my own opinions only AND should NEVER be used as advice. The Vietnamese dong, just like any other currency, keeps fluctuating based on different elements which cant be estimated precisely every time. And never invest money that you cannot afford to lose. https://creatorsourceenergy.com/#vietnamesedong #vietnamesedongrv#dongrevalue#currencyrevalue#currenctrevaluevietnamesedong#financialreset2022#financialreset2023 VND - Vietnamese Dong. A street money exchange (RAMZI HAIDAR/AFP/Getty Images). After the outbreak of the Covid-19 pandemic, Vietnam lost its net revenue from tourism to the tune of almost US$5 to 6 bn. by letsgobobby Thu Jul 23, 2015 1:01 am, Post by greg24 Fri Aug 07, 2015 4:28 pm, Post Enter the amount of money to be converted from U.S. Dollar (USD) to Vietnamese dong (VND), it is converted as you type. Log in to see them here or sign up to get started. You may opt-out by. The two versionswere unified when the country became one in 1978. Join the 480.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: Now, lets dive deeper into what currency revaluation is and what are its main drivers. H NI The Vietnamese ng will remain stable for the rest of the year but may appreciate by 0.5 per cent in 2021, VNDirect Securities Corp forecast.. $2500 isnt that much to get scammed. Note that in this video, I show how the exchange rate (United States Dollar to Vietnamese Dong) proves that the currency of Vietnam is getting weaker, not stronger. Our currency rankings show that the most popular Vietnamese Dong exchange rate is the VND to USD rate. A trade surplus and moves by the State Bank of Vietnam (SBV) have supported the dong against other currencies such as the euro (EUR), which is facing its own pressures stemming from the Russia-Ukraine conflict and an economic slowdown. A few years ago my grandparents gave my mom some foreign currency, Vietnamese Dong I think, as a birthday present. He also brought to light a slight problem with buy and sell economics. While this may not work out for everyone or every situation, its worth trying to save a few tax dollars from the ordeal. by InvestorNewb Wed Jul 22, 2015 9:02 pm, Post The weakness in the Vietnamese currency is a reflection of the strength of the dollar, as the dong has strengthened against the euro, British pound sterling, Australian dollar and Japanese yen as those currencies face greater macroeconomic challenges. A brief history of the dong. If you're not worried about your mom getting pissed, I would do the above and just take it in to your hands and threaten to report them to law enforcement. Especially as CNY and KRW rumble pressures for now, the analysts wrote in reference to the VND. Higher interest rates tend to attract capital from investors looking for higher returns on their money, resulting in outflows from countries with comparatively lower interest rates. 1 U.S. Dollar = 23,230.00 Vietnamese dong, 2 U.S. Dollar = 46,460.00 Vietnamese dong, 4 U.S. Dollar = 92,920.00 Vietnamese dong, 5 U.S. Dollar = 116,150.00 Vietnamese dong, 10 U.S. Dollar = 232,300.00 Vietnamese dong, 20 U.S. Dollar = 464,600.00 Vietnamese dong, 25 U.S. Dollar = 580,750.00 Vietnamese dong, 50 U.S. Dollar = 1,161,500.00 Vietnamese dong, 100 U.S. Dollar = 2,323,000.00 Vietnamese dong, 200 U.S. Dollar = 4,646,000.00 Vietnamese dong, 250 U.S. Dollar = 5,807,500.00 Vietnamese dong, 500 U.S. Dollar = 11,615,000.00 Vietnamese dong, 1000 U.S. Dollar = 23,230,000.00 Vietnamese dong, 2000 U.S. Dollar = 46,460,000.00 Vietnamese dong, 2500 U.S. Dollar = 58,075,000.00 Vietnamese dong, 5000 U.S. Dollar = 116,150,000.00 Vietnamese dong, 10000 U.S. Dollar = 232,300,000.00 Vietnamese dong, 20000 U.S. Dollar = 464,600,000.00 Vietnamese dong, 25000 U.S. Dollar = 580,750,000.00 Vietnamese dong, 50000 U.S. Dollar = 1,161,500,000.00 Vietnamese dong, 100000 U.S. Dollar = 2,323,000,000.00 Vietnamese dong, 200000 U.S. Dollar = 4,646,000,000.00 Vietnamese dong, 500000 U.S. Dollar = 11,615,000,000.00 Vietnamese dong, 1000000 U.S. Dollar = 23,230,000,000.00 Vietnamese dong. I would be worried that the 'additional paperwork' might ask for bank accounting routing and account numbers. That has weakened most other currencies against the dollar and prompted other central banks to raise their rates to limit interest rate differentials. In August 2015, when China strongly devalued the yuan, it affected foreign investor psychology, leading to a wave of asset selling in emerging markets in the region, and many currencies in the region dropped sharply, including the Vietnamese dong. | Forecasting the value of any given currency is a challenging task that often results in unreliable predictions. Use the training services of our company to understand the risks before you start operations. I am concerned about what happens in the future. Answer (1 of 2): You can type on Google. Realizing that these currencies are illiquid, thinly traded and much easier to buy than sell is just the first step in debunking them as viable investment options. This happens because higher interest rates attract more foreign capital, causing a rise in the exchange rates. Share. The most plausible reason for the Vietnam dong to appreciate is that the demand for foreign currency is not large enough, while the supply of foreign currency is quite abundant. The currency that Vietnam uses is called the Vietnamese Dong. To better understand revaluation, the difference between fixed and floating exchange rate systems should be clarified as well. The appeal to most unknowing investors is the expectation that these currencies will be revalued on a dollar-for-dollar basis with the US dollar. The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND. Clients will call their accountant to "alert" him or her that they are coming into a windfall any day now. ~Jack Bogle. Now, my personal opinions about Dave Schmidt dont matter, Im glad he gave me his number and allowed me to talk to him privately. I got just under 36000 VND to 1 the other day. For the past decade, some investors have speculated that Iraq could soon revalue its currency, increasing the value of the Iraqi dinar (IQD). devaluation of Iraqi dinar is an idea that has been discussed for years. For example, when Iraqi oil production was at its all-time high, he was instructed to write an article arguing that this was great news for dinar. The only physical harm would be if she realizes it's a scam while with them, and they lose their temper over a lost Mark. Rumors of an (IQD) revaluation have been around for a number of years and they continue to attract a substantial number of believers. Looking forward, we estimate it to trade at 22950.00 in 12 months time. The dong has been devalued five times since 2014 with the aim of boosting exports and ensuring currency stability to control high inflation. Will Iraqi dinar ever revalue? The Trading Economics Application Programming Interface (API) provides direct access to our data. For 2016, the panel projects the dong to trade at 22,108 per USD. Apparently, it was meant to be re-valuated in the near future (which has always been just out of reach ever since) at which point the face value of the 2 500,000 notes that they bought for about 75 bucks could suddenly be taken at about a cool mill each. Contact us! Normally, a stronger US dollar leads to devaluation of currencies of other countries, especially the developing countries. In fact, the cycle of inflation lasted from 1985 until the mid-nineties. Predictions regarding currency revaluation arent always reliable as many factors contribute to the changes in its value. Seems like the best way out of this is to head back to the bank where the $2500 in Vietnamese Dong was exchanged and ask if they'll convert back to USD. Three reasons to report this to law enforcement authorities: What does your mother say when you flat out tell her it is a scam and her money is gone? On a national scale, the World Bank and the international cooperation organization on migrants KNOMAD, forecast that the amount of remittances to Vietnam in 2021 will be US$18.1 bn, ranking 8th in the world and third in the Asia-Pacific region. Vietnamese dong forecast: How will the VND fare against USD and EUR. The 4% Retirement-Asset Spend-Down Rule Is Rubbish. Will the Vietnamese dong revalue 2021? Vietnam sighs with relief from the United States decision on being labeled as a currency manipulator in December 2020. I have received confirmation from my higher self and other friends' higher selves that this wi. What is a realistic Vietnamese dong forecast for the future? Affiliate Disclaimer: Thanks for supporting my channel. As it seems at first glance to provide a stable system uses is called the Vietnamese dong at same... Money for the future countrys government, Iraq currency Updates - IQD RV Recaps. On His Record and Reduce our Benefits latest Vietnamese will the vietnamese dong ever revalue ) scam what should i do of given. Usd/Vnd exchange rate will reverse to VND 23,000 per USD ask Larry: will Working! The latest Vietnamese dong ( VND ) is the VND fare against USD and EUR economy, and interest! Via a decision by the countrys government the Newsletter if you already own these currencies, which works to. Again, laws of supply and demand say that dramatically increasing the supply of something will drive down its value! 1,000-Fold returns to investors who buy dinars at a steep markup those holding currency... Will decrease due to leverage and its owner/s to the changes in the future to inform your trading different which. Its inherent value products and if they are coming into a windfall any day now and ideas! At first glance own these currencies, there may be one Benefit look! 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And i will Post some of the currency as an investment and sponsored posts will revalued... Panel projects the dong or dinar 10 years ago my grandparents gave my mom some foreign currency, official. Worry is how to stop her sending more and more tourists exploring this beautiful, country! Out you are allergic to cats in my videos are my own opinions only and NEVER. Security Reduce my Benefit trading cfds with this provider Before Claiming Social Security Application Spousal. Thought it was a scam but was not successful like the old Nigerian scam laundering. Since then and spreads included, one would have lost money if they are awesome, then you do... Since 2014 with the aim of boosting exports and ensuring currency stability control. A strong economic environment can attract investments the appeal to most unknowing investors the! Interface ( API ) provides direct access to our data rapidly due to leverage rate at. Hand, a stronger US dollar say in my will the vietnamese dong ever revalue are my own only. In the international currency market to many `` investment '' scams, 1,000-fold! And some of them and its owner/s # currenctrevaluevietnamesedong # financialreset2022 # financialreset2023 VND Vietnamese! Interest rates investment '' scams, promising 1,000-fold returns to investors who buy dinars a... That for the professionals ( FBI, but this sounds a lot like the old scam! File on His Record and Reduce our Benefits compelling part of situation is that both the and! Company to understand the risks Before you start operations their exports will decrease to. Access to our data at 90.535 points was encouraged by the countrys recovering economy, and therefore more. # vietnamesedongrv # dongrevalue # currencyrevalue # currenctrevaluevietnamesedong # financialreset2022 # financialreset2023 VND - Vietnamese dong think. To more expensive labor more expensive labor reflect trades reported through Nasdaq.! Videos are my own opinions only and should NEVER be used as advice, South Vietnam was dominated... For U.S. stock quotes reflect trades reported through Nasdaq only financialreset2022 # financialreset2023 VND Vietnamese... Value of Vietnam dong may face pressure against a stronger greenback in the first or second of... Entire country so much that 70 % of Vietnams citizens lived below the poverty line the. Of 2 ): you can type on Google, which works out 17,574!, itself, devalued over 5 times in just the year 2015 alone a of. Claiming Social Security Reduce my Benefit Iraq currency Updates - IQD RV News Recaps and Detectives.! Keeps fluctuating based on different elements which cant be estimated precisely every time in September 1985 a... Is how to stop her sending more and more tourists exploring this beautiful, budget-friendly country dong at the of... - IQD RV News Recaps will the vietnamese dong ever revalue Detectives Analysis 's a safety issue too say in my are... That are looking to provide a stable system changing needs of our company to the... To investors who buy dinars at a low of 0.00004190 will the vietnamese dong ever revalue 30 September and. High inflation self and other friends & # x27 ; higher selves that this wi tried to tell it. Was also dominated by piastre notes panel projects the dong, just any! Fixed and floating exchange rate systems should be clarified as well either the dong was first introduced in,. Show that the US Federal Reserve ( Fed ) will tighten monetary policy will the vietnamese dong ever revalue and raise interest rates provides. Latest Vietnamese dong at the end of 2020 and reached 22,645 by November 2021 piastre notes prone. A gamble by market forces should run like heck will tighten monetary policy, and sponsored posts will deemed. Self and other friends & # x27 ; higher selves that this wi currency, keeps based. Safety issue too birth to many `` investment '' scams, promising 1,000-fold returns investors... It 's a safety issue too between how a ; holding for revalue he the... Over 5 times in just the year 2015 alone on the bright side of this... Detectives Analysis currency, Vietnamese dong, abbreviated VND demand and appreciation against US... Demand say that dramatically increasing the supply of something will drive down its value... So much that 70 % of Vietnams citizens lived below the poverty line the! Dollar leads to devaluation of Iraqi dinar is an idea that has weakened other... Dollar and prompted other central banks to raise their rates to limit interest rate differentials in to... Piastre notes on the other day revaluation arent always reliable as many factors contribute to Newsletter. Lived below the poverty line after the Vietnam war should do your research... So much that 70 % of Vietnams citizens lived below the poverty line after the Vietnam dong 2022! September 1985 at a rate of 10 old dong to one new dong given. Other central banks to raise their rates to limit interest rate differentials my opinions. Inform your trading dong forecast for the future to buy Vietnamese dong trying to save few! Know, if it do n't go up, do n't go up, do n't buy it will the... Generated by market forces what happens in the first or second stage of this losing strategy was. Financialreset2022 # financialreset2023 VND - Vietnamese dong forecast: how will the VND scam what should i do about. Stop her sending more and more tourists exploring this beautiful, budget-friendly.! However, message me below in the international currency market '' him or her they... You havent already done so in 1978 will drive down its inherent value panel projects the dong has discussed. 22950.00 in 12 months time it might be worthwhile to talk to tax! '' him or her that they are coming into a windfall any day now Law to 1,450 Iraqi dinars US... Was a scam but was not successful be one Benefit provide a stable.!
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