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The free market USD rate in Vietnam held near 24,920-24,980 VND per dollar while commercial banks cut their quoted rates for a third straight time. The State Bank of Vietnam trimmed its own reference selling rate by 10 dong to 24,840, and the USD Index rose to about 106.06.
A firmer dollar and a stable dong raise the local cost of imported feed ingredients such as soybean meal and corn, though the recent bank rate cuts ease that pressure slightly.
en.vtcnews.vnHoà BìnhJun 27, 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.
