Vietnam to allow gold imports to cool local prices
Vietnams central bank has authorized at least one domestic firm to import more gold to help cool soaring prices and state-run newspapers said it may open the market to unlimited imports to narrow the gap between local and world quotes.
Central bank officials, including Governor Nguyen Van Binh, could not be reached for an immediate comment, but sources with knowledge of a meeting between Binh and senior editors on Tuesday morning to discuss gold-related policies said the issue of allowing unlimited imports did not come up.
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