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Reporting on the dong's record low against the dollar says the currency has lost VND179 since the start of 2019, a 0.78 percent decline. Experts point to Federal Reserve rates and global market swings as drivers, but they expect stability supported by FDI and central bank action.
Currency weakness raises the dollar cost of imported feed commodities for Vietnamese importers. Expectations of stability suggest the cost effect will stay contained.
devel.btimesonline.comA.N. BasilApr 28, 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.
