Summary: Vietnamese Dong to New Taiwan Dollar Exchange Rate May 5, 2016
Vietnamese Dong to New Taiwan Dollar Today's Exchange Rate Real-time Market (2016-05-05 07:26 Updated):
Currency Exchange
1 New Taiwan Dollar = 688.7399 Vietnamese Dong
Vietnamese Dong to New Taiwan Dollar Exchange Rate Trend Chart (One Week):
May 5, 2016 New Taiwan Dollar Exchange Rate Interbank Foreign Exchange Market: 1 Vietnamese Dong to New Taiwan Dollar 0.0015 yuan, 100 Vietnamese Dong to New Taiwan Dollar 0.15 yuan.
Data from the Vietnam Ministry of Finance shows that the government's internal expenditure in 2010 was 376.62 trillion Vietnamese dong (about 112.1 billion yuan), accounting for 44.2% of the total government's fiscal expenditure in the same year. By 2014, internal government expenditure increased to 704.4 trillion Vietnamese dong, accounting for more than 70% of the total government fiscal expenditure.
The weakening of the RMB may force the Fed to maintain lower interest rates for a longer period of time, which will cause the euro and yen to fluctuate in the range, Bank of America Merrill Lynch further pointed out. The depreciation of the RMB also means that commodity demand will further decrease and commodity prices will further decline, which will further weaken the Canadian dollar, Australian dollar and Brazilian real. In addition, the depreciation of the RMB may also cause a competitive depreciation, which means that the Korean won, New Taiwan dollar and Mexican peso will also remain low. Information on today's exchange rate of Vietnamese Dong to the New Taiwan Dollar above
is provided by the China Gold Network Market Center for reference only. If you want to know more about the trend of Vietnamese Dong to the New Taiwan Dollar, you can follow the China Gold Network Financial News Channel's daily financial report.
