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Vietnamese officials and experts credit the State Bank of Vietnam's central exchange rate regime, introduced in January 2016, for keeping the dong stable despite a recent Fed rate rise. Improved foreign exchange reserves and ample foreign currency supply are cited as support.
Currency stability keeps Vietnamese import costs for feed ingredients predictable. The article is commentary on policy and does not signal a material change in commodity prices.
div.gov.vnFeb 15, 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.
