# Government urges mobilisation of idle gold

> The Vietnamese Government Office asked the central bank governor to keep researching ways to mobilise idle gold and foreign currency held by the public. The governor said past policies had let the State Bank buy nearly $10 billion of foreign currency in 2016.

- Date: 2017-08-22 · published 2017-08-22T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/69769-government-urges-mobilisation-of-idle-gold
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Policy aimed at drawing private foreign currency into official reserves could support the dong, but it has no direct bearing on feed commodity prices.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/government-urges-mobilisation-of-idle-gold-post116686.vnp

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.