Vietnam central bank plans gold purchase

Vietnam's central bank has given the go-ahead for the country to import up to 10 tonnes of extra gold in the first quarter of 2004.

The diving dollar recently pushed gold prices to a 15-year high on world markets , hurting business and savers in Vietnam.

Gold is used as hard currency for big business deals in Vietnam, which has a thriving black market for the metal.

The central bank hopes to push down the local price by pumping up supplies.

"This decision was made last week by the State Bank

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