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Vietnam's exchange rate rose nearly 5% early in 2024 and is hovering around the State Bank's intervention level of VND25,450 per dollar. Analysts expect further pressure around August-September and December, with exporters holding dollars while awaiting higher rates.
Currency volatility raises input costs for Vietnamese producers and importers of feed raw materials. Global feed prices are only marginally affected.
vir.com.vnTrung Duong Vietnam Investment ReviewJul 9, 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.
