Banking system now awash with greenbacks flowing in banking system

Posted on 07 March 2010

Sizable amounts of greenbacks are finding their ways back into the banking system to ease US dollar shortage concerns. “I think the foreign currency demand-supply balance will be maintained in 2010, especially after recent moves to encourage corporate dollar depositors to sell their holdings,” said Vo Thi Sanh, vice head of BIDV’s Treasury Department.

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Banking system now awash with greenbacks flowing in banking system

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