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The State Bank of Vietnam set the daily reference rate at VND23,013 per dollar on April 24, up VND9 from the previous day and the highest ever recorded. Banks may trade within a three percent band around the midpoint, and supply of foreign currency remains ample.
The record reference rate means dollar-denominated feed imports cost slightly more in dong terms. Ample dollar supply suggests the effect on buyers will stay limited.
news.tuoitre.vnTuoi treApr 24, 2019
vietnaminsiders.comSophie DaoApr 24, 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.
