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Vietnam's central bank governor said the State Bank is ready to sell US dollars to keep the exchange rate stable, citing volatility after Fed rate cuts. She also said the bank will prioritise stability and inflation control while supporting growth through preferential loans.
Dong intervention signals Vietnam's currency pressure, which affects the cost of imported feed inputs and the buying power of Vietnamese feed manufacturers.
investing.comNov 11, 2024Not 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.
