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Analysts expect the Vietnamese dong to remain stable in 2018, with Standard Chartered forecasting a 1 percent appreciation to 22,600 per dollar by year end. The forecast rests partly on expected Fed rate hikes and a weaker US dollar.
Opinions differ on how strong the currency will be.
A firmer dong and a weaker dollar would modestly lower Vietnam's import costs for feed inputs. The effect on global grain and feed prices is minor.
vietnaminsiders.comSophie DaoJan 25, 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.
