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Vietnam's interbank VND interest rates fell across all tenors on October 28, and the USD/VND exchange rate also dropped sharply. Analysts said the moves suggest recent monetary policy changes have partly worked.
A firmer dong eases the cost of dollar-priced feed imports, which could support Vietnamese buying of corn and soymeal if the trend holds.
en.vneconomy.vnOct 28, 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.
