Loading…
The State Bank of Vietnam describes its 2022 monetary policy, which included repeated dollar sales, a 5% trading band and several interest rate increases. The dong weakened past 25,000 per dollar in October before the band was widened.
The rate hikes and dollar sales show how Vietnam's tightening is shaping the currency and borrowing costs that feed importers face heading into 2023.
theinvestor.vnNguyen Thoan, Minh VanDec 31, 2022Not 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.
