Loading…
The dollar fell on Vietnam's unofficial market to below VND24,000, its lowest level in a month, with the free rate 2.8 percent below the mid-July peak. The official rate stayed near 23,500 and the State Bank has sold about $13 billion since the start of the year to stabilise the market.
Easing dollar pressure lowers the local cost of dollar-priced imports for Vietnamese feed buyers, though the drop is confined to a domestic market and has little effect on world prices.
theinvestor.vnVan TruongAug 10, 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.
