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The IMF warned in its September 2023 Article IV review that further State Bank of Vietnam rate cuts could destabilise the dong and raise depreciation risk. It noted that the first-half trade surplus is likely to unwind as the economy strengthens.
A risk of dong depreciation would raise the local cost of dollar-priced feed imports, supporting higher Vietnamese feed prices.
theinvestor.vnTri DucSep 29, 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.
