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The dollar fell marginally against the dong on the Vietnamese black market on April 3, while official bank rates were little changed around VND23,640-23,660. Globally the dollar rose as traders priced in possible Fed tightening after OPEC+ announced a surprise production cut.
The OPEC+ cut is the main global driver here and pushes oil higher, which can lift biofuel-linked vegetable oil and feed input costs, though this article itself is routine currency commentary.
e.vnexpress.netThang PhamApr 3, 2023Not enough comparable past events yet for a historical read.
Not 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.
