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KB Securities expects stronger USD to lift USD/VND by 0.5-1% in 4Q2021. The interbank rate fell 1.04% in Q3 to VND22,768 after the State Bank of Vietnam lowered spot purchase rates in August, following a US-Vietnam agreement not to depreciate the dong.
A weaker dong raises the local-currency cost of imported feed ingredients such as soymeal and corn for Vietnamese buyers. The effect on global feed prices is small.
en.diendandoanhnghiep.vnEnternewOct 25, 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.
