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Pastimes : Ask Mohan about the Market
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To: MythMan who wrote (14186)2/16/1998 6:01:00 PM
From: Defrocked  Read Replies (1) of 18056
 
Pete, I hope you're not long the dong.<g>

From South China Morning Post

Vietnam
"Cheap competition forces shift in value
of the dong"

"The dong yesterday slid 5.3 per cent, as the central
bank moved to keep the country competitive
against cheaper regional neighbours."

BTW...this could be construed as a
competitive devaluation which could snowball.
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