State Bank of Vietnam – Breaking News: Why is the Vietnamese Dong to USD exchange rate showing 46 cents or 47 cents on sites like Netdania.com and XE.com? Let’s find out why. http://globalcurrencyreset.net/vietnamese-dong-exchange-rateshowing-46-cents-rv-truth
The foreign exchange rate charts on both sites are essentially saying the same thing, so do not be confused, it’s important that you read the fine print.
Don’t be confused on what the so called experts (gurus) are saying about the revaluation (RV) of the Vietnamese currency because it’s a lie. I clearly show the press releases from Vietnam’s Central Bank, there are no secrets that anyone is hiding. You have to ask yourself the questions as to why you are being lied to.
The economy of Vietnam has actually not been doing too bad as their exports have been increasing. It’s worth doing research on their economy before you jump into any currency investment, especially the Vietnam Dong.
Some would argue that because the Vietnamese Dong is one of the weakest currencies in the world that it is a good investment. Investors will have to decide for themselves if they want to take the risk on this currency, as it’s the 2nd least valued currency in the world.
Watch documentaries, or talk to people who have visited the country as I have, the country is a mess, the currency is near worthless, and people are not happy, my advice is to not invest in the currency, buy gold and silver instead, here is a link on why I recommend gold and silver, and why you should buy from your local dealer as opposed to online
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. Yes, their exports might be increasing, however, their debt (internal/external) is also increasing at a faster pace than their exports.
State bank of Vietnam https://en.wikipedia.org/wiki/State_Bank_of_Vietnam
Official website: http://www.sbv.gov.vn/portal/faces/vi/pages/trangchu
Wikipedia page on the Vietnamese Dong https://en.wikipedia.org/wiki/Vietnamese_dong
Global Currency Reset News http://globalcurrencyreset.net/breaking-news/
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