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Vietnam dong drops 1.35 pct on interbank trade

Fri Jun 27, 2008 7:10am IST
 
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HANOI, June 27 (Reuters) - The Vietnamese dong VND= fell 1.35 percent in early interbank trading on Friday after the central bank cut the official exchange rate to a record low and doubled the trading band to +/- 2 percent.

The dong fell to 16,836/16,846 dong per dollar at 0126 GMT, from 16,611/16,616 dong in its last trade on Thursday.

Vietnam's central bank set the daily official dong exchange rate 0.39 percent lower on Friday at a record low of 16,516 dong per dollar [ID:nHAN148362]. (Reporting by Ho Binh Minh; Editing by Tomasz Janowski)

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