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Vietnam pledged not to deliberately weaken the dong to gain an export advantage, according to an agreement with the U.S. Treasury. The arrangement includes commitments to more transparent monetary and exchange rate policies.
Stable currency expectations for Vietnam reduce the chance of sudden shifts in import costs for feed ingredients. The direct effect on feed commodity prices is limited.
reuters.comDavid Lawder, Lisa LambertJul 19, 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.
