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The State Bank of Vietnam cut its benchmark interest rate by half a percentage point on August 1, its third cut this year. Commercial banks followed by lowering deposit and lending rates, while credit growth remained modest.
Monetary easing in Vietnam supports domestic livestock and feed demand over time, but the effect on feed commodity prices is limited in the near term.
vietnamnews.vnAug 30, 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.
