Push for foreign currency rules

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Báo QĐND English - 22 month(s) ago 3 readings

Push for foreign currency rules

Photo: kinhte24h.com

The central bank governor has pushed for regulation of foreign currency trading for individuals and licensed organisation in circular 20/2011/TT-NHNN.

Foreign currency purchasing by Vietnamese individuals is limited to $100 per person, per day, or the equivalent for other currencies.

The limit also applies to children sharing a parent's passport, but credit institutions will be allowed to exceed the limit to balance foreign currency reserves.

Source: VNA

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