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The State Bank of Vietnam said the dong's recent weakness reflected domestic stock market declines and a global dollar rise. The central bank has bought foreign currency to build reserves and says it can intervene if needed, with the Fed's rate increases also under watch.
Central bank reserve buildup and intervention capacity limit dong volatility, which keeps Vietnamese import costs for dollar-priced feed inputs more predictable.
en.vietnamplus.vnVietnam+ (VietnamPlusJul 3, 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.
