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Reader: "Vietnamese Dong - what does this mean...?"
Posted By: hobie Date: Wednesday, 13-Jan-2021 05:52:06
www.rumormill.news/92246
(Thanks, H. :)
Reader H. writes:
=====
Yesterday I went to a branch of the Commonwealth Bank in Western Australia to exchange VND20,000,000 for Australian dollars because I needed about a thousand dollars buy some tyres for my car.
I was served by the bank manager who told me that I was very lucky to have come into the bank today because she had received a memo from head office advising that Vietnamese Dong would not be accepted as exchangeable currency after 5pm today.
Now, that's a really unusual step for an "Australian Big Four Bank" to take. As a nation we have an excellent relationship with Vietnam, many Vietnamese live and work hard in Australia, we holiday there, do business and trade with Vietnam and have a mutually respectful working relationship with them in general.
What does the bank know that we don't?
Any thoughts?
***************************************************************
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RMN is an RA production.
Articles In This Thread
- Reader: "Vietnamese Dong - what does this mean...?"
hobie -- Wednesday, 13-Jan-2021 05:52:06
- Reader: "If true it means that bank is flush in dong and doesn't want to accept them until their stockpile goes down."
hobie -- Wednesday, 13-Jan-2021 05:52:06
- Reader H.: "I've also checked other bank websites to see if they are carrying the currency. Here's the result."
hobie -- Wednesday, 13-Jan-2021 05:52:06
- Reader H.: "It may be that the banks have stopped accepting VND until the near record high rate of 25th January 2018 settles again."
hobie -- Wednesday, 13-Jan-2021 05:52:06
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