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A Forbes commentary argues that the State Bank of Vietnam is buying dollars after a devaluation, and that strong economic growth and foreign investment are putting upward pressure on the dong. It suggests the central bank may give in to pressure to let the currency rise.
The commentary is opinion on currency direction with no direct supply or demand effect on feed commodities. Any dong appreciation would only marginally change Vietnamese import costs.
forbes.comSalvatore BabonesJan 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.
