# "Finding the bottom" in Asian markets, domestic recovery.

> On December 26 the US dollar rose against the Vietnamese dong, with Vietcombank quoting 24,111 to 24,450 VND per USD. The article notes the dollar had been at a five-month low in Asian markets before recovering domestically.

- Date: 2023-12-26 · published 2023-12-26T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/33024-finding-the-bottom-in-asian-markets-domestic-recovery
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Short-term dollar strength against the dong modestly raises the local cost of imported feed inputs, though the move is small and has limited effect on global feed prices.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnam.vn: https://www.vietnam.vn/en/do-day-o-thi-truong-chau-a-phuc-hoi-trong-nuoc

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.