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The USD/VND rate rose significantly in January 2024, with the central rate up 0.7% to 24,036 and the interbank rate up 1.4% to 24,611. The unofficial market dollar sell rate hit a record 25,120 at the end of the prior week.
Sharp dong depreciation in January raised the cost of USD-priced feed imports into Vietnam. The movement reflects dollar strength and the rate gap, not a change in commodity supply.
en.diendandoanhnghiep.vnEnternewFeb 2, 2024
english.vov.vnVNS/VNAJan 31, 2024
en.vietnamplus.vnVietnam+ (VietnamPlusJan 31, 2024
vietnamnet.vnJan 31, 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.
