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Vietnamese businesses say the recent dong devaluation against the dollar has so far had little immediate effect on them. The daily reference rate hit a new high of VND22,686 per dollar, and commercial bank rates rose to VND23,364 within a 3% trading band.
A weaker dong raises the local cost of dollar-priced imports such as feed ingredients over time, which feeds through to inflation and input costs for Vietnamese feed buyers.
en.vietstock.vnAug 24, 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.
