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The State Bank of Vietnam cut the seven-day treasury bill rate to 2.75% per year, its first reduction since March. It also net injected VND19 trillion through bills, which pushed interbank rates lower.
Looser domestic liquidity has little direct effect on grain or feed prices, but it can ease financing costs for Vietnamese feed producers.
vietnamnews.vnJul 26, 2019Not 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.
