Loading…
The US dollar strengthened against the Vietnamese dong, with Vietcombank selling the greenback at VND25,050 on the official market. Globally the dollar hovered near a one-week high after robust US economic data reduced bets on aggressive Federal Reserve rate cuts.
The dollar index was little changed at 101.34.
A firmer dollar lowers the local-currency cost of dollar-priced feed ingredients imported by Vietnam, a modest cost pressure for feed buyers. The move is a routine FX fluctuation with no major supply or demand change.
e.vnexpress.netMinh HieuAug 30, 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.
