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Vietnam's central bank tripled its weekly net liquidity injection to VND45.2 trillion ($1.96 billion) to meet surging demand for dong. Inter-bank rates rose 16 to 20 basis points on most loans, and the overnight rate reached 1.36%, up 48 basis points since the start of the year.
Tighter domestic dong liquidity and higher interbank rates raise financing costs for Vietnamese feed producers and importers, with little direct effect on global grain prices.
bizhub.vietnamnews.vnJul 17, 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.
