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The State Bank of Vietnam set the daily reference rate at 23,218 VND per USD on February 17, up 3 VND from February 14. Commercial bank opening quotes were mostly stable, with the trading band at plus or minus 3 percent.
A small move in the dong has little direct effect on feed commodity prices for buyers, though Vietnam is a feed importer and currency weakness raises local import costs.
en.vietnamplus.vnVietnam+ (VietnamPlusFeb 17, 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.
