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Dollar prices on Vietnam's black market rose on Saturday, while commercial bank rates moved sideways or slipped. Gold stores quoted the greenback at VND25,230-25,330, up about VND120.
The dong had posted its largest quarterly gain on record, according to UOB.
Currency swings in Vietnam affect the local cost of imported feed and grain for the country's livestock sector. This routine FX commentary does not signal a new driver for global feed prices.
theinvestor.vnAnh MinhSep 28, 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.
