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The US dollar slipped slightly against the dong on Vietnam's black market, with unofficial sellers quoting VND24,180. The State Bank of Vietnam's reference rate was VND23,959, and the dollar was up 2.23% year to date.
Globally, the dollar sat near a six-month peak as China and growth worries weighed on risk sentiment, while the yen approached a 10-month low and Japan's top currency diplomat warned of possible intervention.
Dollar strength and yen weakness raise the local-currency cost of dollar-priced imports, but the moves are small and unlikely to shift feed ingredient prices.
e.vnexpress.netDat NguyenJun 1, 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.
