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Vietnam's foreign exchange reserves have risen steadily in recent years, reaching about USD 100 billion in 2020. The State Bank of Vietnam used the reserves as a buffer to manage the exchange rate through the Covid-19 pandemic without drawing them down.
A large reserve buffer gives the central bank room to stabilize the dong, which supports predictable import costs for Vietnamese feed buyers.
en.sggp.org.vnSaigon InvestmentDec 23, 2021
vietnamnet.vnVietNamNet NewsDec 24, 2021Not 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.
