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Vietnam's General Statistics Office reported that the US dollar index fell 2.02% month-on-month to 102.94 by December 25, 2023. Domestically, the average USD/VND free-market rate was around 24,426 and rose about 1.86% on average across 2023.
Dollar weakness globally with a firm local rate signals mixed import cost pressure for Vietnamese feed buyers, with little direct effect on grain prices.
vietnam.vnCông LuậnDec 30, 2023After 47 past bearish report events, US Dollar (Broad) moved a median -0.2% over 5 sessions (34% higher; middle half -0.8% to +0.2%), and -0.7% over 20.
Not 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.
