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A Vietnamese outlook says the USD/VND rate may stay within 2% of its start-of-2023 level in the second half of the year. The dollar index rose about 1.1% from a one-year low to 101.04, and the central bank raised its selling rate for the dollar.
The forecast of stable dong rates suggests little pressure on Vietnamese feed import costs, though a firmer dollar index could lift them slightly.
en.diendandoanhnghiep.vnEnternewJul 31, 2023Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
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.
