Thursday , November 28 2024

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Chinese households turn to jewelry and gold in flight to safety

Chinese households turn to jewelry and gold in flight to safety

Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewelry auctions and chatting on social media forums on the subject this year, looking to invest in rubies and diamonds. “I don’t have the brain for stock investments, and I am waiting to redeem mutual fund products once they break …

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Dollar ups against dong

Dollar ups against dong

The U.S. dollar rose against the Vietnamese dong Thursday morning. Vietcombank sold the dollar at VND23,660, up 0.06% from Wednesday. Eximbank maintained the greenback at VND23,630. The rate stayed unchanged at Techcombank, VND23,645. The State Bank of Vietnam raised its reference rate by 0.11% to VND23,642. Unofficial exchange points sold …

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