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The State Bank of Vietnam cut several policy rates effective May 25, 2023, including the refinancing rate and the deposit ceiling for short-term maturities, each by 0.5 percentage points. Vietnam's CPI rose 2.4 percent year on year in May, the lowest in 14 months, as energy and fuel costs eased.
Lower domestic rates aim to support a slowing economy, which may modestly support livestock and feed demand over time. Effects on feed commodity prices are indirect and limited.
en.diendandoanhnghiep.vnEnternewJun 24, 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.
