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Experts forecast that the State Bank of Vietnam will allow the VND/USD rate to rise 1.5-2 percent in 2019 to stabilise the economy and support exports. The dong rose 2.6 percent against the dollar in 2018, and foreign exchange reserves stood at $63.5 billion.
A weaker dong would make Vietnamese exports more competitive and raise the local cost of imported feed inputs, though the effect on global feed prices is minor.
en.vietnamplus.vnVietnam+ (VietnamPlusMar 5, 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.
