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A BIDV-linked report warned that sharp fluctuations stirred by yuan depreciation could threaten the USD/VND exchange rate. Experts noted the US dollar is on an appreciation trend while the CNY and other regional currencies weaken.
A weaker yuan and regional currencies tighten Asian import costs and can shift trade flows that affect feed ingredient demand, though the direct grain price link is modest.
en.vcci.com.vnJun 11, 2019After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.
Not 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.
