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Vietnamese exporters, including rubber producer Casumina, are facing pressure as the dollar gained over 4% against the dong this year. The US Dollar Index is near a 20-year high after the Federal Reserve raised rates by 0.75 percentage points for the third time.
A stronger dollar raises input costs for Vietnamese manufacturers and dampens export demand, which can reduce import demand for feed and other agricultural inputs in the region.
e.vnexpress.netLe Tuyet, Dat NguyenSep 23, 2022Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
