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The Vietnamese dong fell to a record low against the US dollar, with the SBV's midpoint rate at 24,060 on September 19. Commercial banks followed by raising their quotes, and gold shops quoted similar levels.
A record-low dong raises the cost of dollar-priced feed imports into Vietnam, which pressures local feed margins and prices.
theinvestor.vnAnh MinhSep 19, 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.
