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The State Bank of Vietnam set the daily reference exchange rate at 22,423 VND/USD on February 21, the first working day after the Tet holiday, down 15 VND from before the holiday. Commercial bank quotes moved only slightly, and the trading band stayed at plus or minus 3 percent.
A small move in the dong has little effect on feed import costs for Vietnamese buyers. The routine rate update gives no new signal for feed grain or meal prices.
vietnamnet.vnFeb 21, 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.
