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The Vietnamese dong has weakened against the US dollar this year as the dollar rallied to 20-year highs, with the VND/USD rate at 0.00004190 on September 30. A trade surplus and State Bank of Vietnam intervention have supported the dong against the euro.
Continued dong weakness keeps Vietnamese import costs for dollar-denominated feed ingredients elevated, while the strong dollar broadly pressures commodity prices.
capital.comSep 30, 2022Not 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.
