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Economic Crisis Follows Vietnam Ceasefire
Saigon faces sharp inflation and unemployment as U.S. pullout drains foreign exchange. Prices soar with the piaster sliding from 500 to 525 per dollar, rice and sugar costs up dramatically, and imports totaling nearly 750 million dollars for 1973. Exports may reach only 50 million, reserves shrink by about 10 million monthly to end October at 143 million.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
United States
Nguyen van Thieu
U.S
U.S. Senate
Indochina
Cambodia
Laos
Thieu