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The Vietnamese dong weakened by about VND50 against the dollar in the week after the Tet holiday, trading at 22,790-22,800 for selling at commercial banks. Experts attribute the move to a seasonal post-holiday adjustment and expect the exchange rate to stay stable this year.
Short-term dong moves of this size have only a marginal effect on the landed cost of imported feed for Vietnamese buyers and do not shift global feed prices.
vietnamnews.vnMar 1, 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.
