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The tactics to exchange the foreign currency in the market

Nội dung bài viết

ANTD: Following Resolution No. 11 of Government regarding to inflation decrease, macroeconomic stability, the State Bank of Vietnam strictly prevented the development of the “black market” of foreign currency by issuing Circular No. 20/2011/TT-NHNN. However, due to the huge profit arising from the “black market”, there are many gold stores hiding their illegal foreign currency exchange in the “black market”, which causes difficulty in implementation the policy of the

Government. Lawyer Nguyen Thanh Ha, Managing Partner of S&B Law gave his opinion and suggested the solutions to resolve this problem.

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