Vietnamese Coffee Coyote. Many people were surprised when Vietnam became the second largest coffee producing...
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Vietnamese Coffee Coyote. Many people were surprised when Vietnam became the second largest coffee producing country in the world in recent years, second only to Brazil. The Vietnamese dong, VND or d, is managed against the U.S. dollar but is not widely traded. If you were a traveling coffee buyer for the wholesale market (a "coyote" by industry terminology), which of the following currency rates and exchange commission fees would be in your best interest if traveling to Vietnam on a buying trip? Currency Exchange Rate Commission Vietnamese bank rate d|9,800 | 2.50% Saigon Airport exchange bureau rate | d|9.500 | 2.00% Hotel exchange bureau rate d|9.400 | 1.50%
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