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The State Bank of Vietnam lowered its list price for buying US dollars on August 11, a cut not seen in recent years. It is the second sharp reduction in just over two months.
Lowering the dollar purchase price signals central bank management of the dong, which can affect the cost of imported feed ingredients priced in dollars for Vietnamese buyers.
en.vneconomy.vnAug 12, 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.
