MarkZ

  In MarkZ 

[via PDK] Someone asked about the dong if I could give some background on it and why it is included in this. Vietnam is one of Iraq ’s top trading partners. They are both included in the first basket and supposed to go at the same time. Vietnam ’s dong value was reduced during the Vietnam war. It was never reinstated. So, if all they did is reinstate their old value and correct it for inflation we would be looking at a rate in the low to mid $2 range.

Tags: /