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Vietnamese commercial banks lowered the USD/VND rate over the final days of 2018, pushing it below 23,300 dong per dollar, the lowest since September 21. The State Bank of Vietnam nudged its reference rate up to 22,825 but kept the year's dong move modest, about 1.5 percent.
A stable dong keeps Vietnamese feed and protein import costs predictable for buyers, with no meaningful effect on global grain or meal prices.
bizhub.vietnamnews.vnvietnamnews.vnDec 29, 2018
en.sggp.org.vnVNSDec 29, 2018
en.vietnamplus.vnVietnam+ (VietnamPlusDec 31, 2018
en.vietstock.vnDec 29, 2018Not 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.
