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Maybank analysts forecast the State Bank of Vietnam will hike policy rates by 50 basis points as early as May or June to stabilize the sliding dong, which is at a record low. The note was issued on a Thursday in late May.
A rate hike to defend the currency would raise Vietnamese borrowing costs and could slow feed and livestock sector investment.
bloomberg.comKarthikeyan SundaramMay 23, 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.
