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The Vietnamese dong hit a record low of about 25,600 per USD in March after the State Bank of Vietnam raised its central rate and moved to a floating mechanism. Analysts expect continued exchange rate pressure through 2025.
A weaker dong raises the local-currency cost of imported feed inputs and ingredients for Vietnamese buyers, while the story has little direct effect on global grain or meal prices.
vir.com.vnHong Dung Vietnam Investment ReviewApr 1, 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.
