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Vietnamese commercial banks expect the dong to be stable in 2018, devaluing slightly to between 22,710 and 22,950 per dollar. The balance of payments is forecast to show a surplus of 8 to 10 billion dollars, supported by trade and remittances.
Interbank dollar liquidity is expected to be tighter, pushing short-term rates up.
A stable dong supports Vietnam's import capacity for feed ingredients, so there is no major price signal for feed commodities. Tighter dollar liquidity could raise import financing costs at the margin.
en.vietnamplus.vnVietnam+ (VietnamPlusJan 23, 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.
