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Vietnamese banks lowered their USD/VND quotes on May 18, with cuts of roughly 15 to 77 dong across major banks, even as the dollar reached a seven-week high in Asian trading. The domestic dong move diverged from the global dollar strength.
Vietnam's currency has little direct bearing on global feed grain or meal prices, so this is routine market commentary with no meaningful supply or demand effect.
vietnam.vnCông LuậnMay 18, 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.
