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The State Bank of Vietnam adjusted its reference exchange rate at the start of 2019. Exchange rates at commercial banks have been relatively stable, and experts expect stability to continue through year-end.
Experts also flagged a future current account deficit that could affect foreign currency flows over the long run.
Stable dong rates limit near-term swings in the cost of imported feed inputs. A longer-run current account deficit could weaken the currency and raise those costs later.
english.vtv.vnVTV4Feb 1, 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.
