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Vietnamese firms with US dollar-denominated debt expect a significantly better second quarter as the dong has regained ground against the dollar. The USD/VND rate had risen to 23,644 in Q1 before reversing to around 23,265.
This is a currency and corporate-finance development with no direct link to feed ingredient supply or demand, so its price impact is negligible.
en.vietnamplus.vnVietnam+ (VietnamPlusJun 18, 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.
