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The Vietnamese dong has weakened sharply against the euro, yen, pound and Australian dollar so far this year, despite its dollar peg. Vietcombank listed the euro about 14% higher than at the start of the year.
Because the dong is pegged to a dollar that has fallen against other currencies, Vietnamese importers face rising costs for goods priced in euros, yen and sterling. This pressure can push up domestic input costs.
vietnamnews.vnJun 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
