Yes...it finally happened. The S$ hit the12,000VND mark on Wed 21 May 08 - I've been waiting for this for some weeks now as it hoovered around the 11,800 mark. Bad news though, for those who have to repatriate S$ back home.
S$100 will get you 1,200,000VND now - makes you an instant millionaire, albeit a poor one.
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