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Vietnam's central bank official said it has enough room to manage the USD/VND rate and has no plan to change its forex regime. The State Bank has issued treasury bills to absorb excess liquidity and has sold foreign currency since April 19.
Confirmation that the regime is unchanged reduces uncertainty for importers of feed ingredients priced in dollars, though the dong remains under pressure.
theinvestor.vnQuang MinhMay 25, 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.
