Loading…
HSBC Bank Vietnam's head of Global Markets forecasts the dong will end 2018 at 22,900 per US dollar. The forecast rests on high capital inflows, expected FDI stability and the dong's weakness against other regional currencies, and it notes that rising Fed rates have dampened financial markets.
A forecast of gradual dong weakness implies a modest rise in the local cost of imported feed ingredients, but it is a bank projection rather than a driver of global feed prices.
vietnamnews.vnMar 26, 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.
