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The State Bank of Vietnam bought about VND30 trillion ($1.29 billion) in foreign currency from commercial banks between November 9 and 13. The purchase followed record export growth and a 10-month trade surplus of $20 billion.
Central bank FX buying reflects strong export receipts and supports dong stability, which is a macro signal with little direct effect on feed commodity prices.
e.vnexpress.netMinh SonNov 19, 2020Not 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.
