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The State Bank of Vietnam has been issuing treasury bills to drain excess liquidity, withdrawing a combined VND94 trillion over seven days. An SSI Securities analyst expects continued bill auctions, which is a tool to support the dong.
Tighter dong liquidity supports the currency and slightly eases pressure on import costs for feed ingredients, though the effect on feed prices is modest.
theinvestor.vnAnh MinhSep 30, 2023Not 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.
