The State Bank of Vietnam issued Document No.7019/NHNN-QLNH on October 26 to require credit institutions to take certain actions to terminate gold mobilization...
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The State Bank of Vietnam issued Document No.7019/NHNN-QLNH on October 26 to require credit institutions to take certain actions to terminate gold mobilization in compliance with Circular No.12/2012/TT-NHNN.
Credit institutions are allowed to continue issuing short-term gold-denominated certificates until November 24, 2012, but the certificate maturity should not be beyond June 30, 2013.
N.T
