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DBS Bank revised its end-2021 USD/VND forecast to 22,870 after the US Treasury and the State Bank of Vietnam agreed on FX management practices. DBS expects the currency's volatility to stay modest despite greater exchange-rate flexibility.
A more stable and firmer dong lowers the local-currency cost of dollar-priced feed imports into Vietnam, though the effect is modest.
fiinpro.comStoxPlus.vnAug 4, 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.
