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The State Bank of Vietnam set the daily reference rate at 23,178 VND per USD on May 6, up 2 dong from the previous day. Commercial bank quotes at major lenders were unchanged, and the trading band remained at plus or minus 3 percent.
A small daily move in the dong has little direct effect on feed grain or protein prices. It is routine currency commentary.
en.vietnamplus.vnVietnam+ (VietnamPlusMay 6, 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.
