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The State Bank of Vietnam said its exchange rate policy targets macroeconomic stability rather than export growth alone. The dong had risen 1.1% against the dollar since the start of the year, and the central bank set the daily reference rate at VND22,666.
Signals that Vietnam will limit dong weakness rather than deliberately devalue, so import costs for feed inputs should rise only gradually.
vietnamnews.vnAug 2, 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.
