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The US dollar fell against the Vietnamese dong on the black market on January 31 and held steady at Vietcombank and the State Bank reference rate. The dollar had also fallen for a fourth straight month in January against the euro and yen.
A weaker dollar lowers the dong cost of imported feed ingredients in Vietnam. The move is a routine currency movement with little effect on global commodity prices.
e.vnexpress.netDat NguyenFeb 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.
