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A senior State Bank of Vietnam official said remittances to Ho Chi Minh City are forecast to rise 10% to $5.5 billion this year. The inflows should keep the dong stable and let the central bank focus on growth.
Stable currency and steady remittances support Vietnamese consumer spending and feed demand, but the effect on commodity prices is marginal.
bloomberg.comNguyen Dieu Tu UyenSep 25, 2017Not 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.
