Wednesday, May 14, 2008

Tightening the Dong Supply

From an article in yesterday's Wall Street Journal talking about the Vietnamese economy:
The index's 500 level was broken Monday, clearing the way for a fall to 450, as local investors fretted that the government's measures to tighten money supply have reduced the amount of dong that banks are willing to lend to stock investors.

I should probably grow up.

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