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The State Bank of Vietnam raised its reference dollar buying rate by 50 dong to 22,725 in the week of June 19, 2017. This was its third increase this year, aimed at building foreign reserves.
A stronger official dollar buying rate makes dollar-priced imports slightly more expensive for Vietnamese feed buyers, but the change is small and has no direct grain price effect.
en.vietnamplus.vnVietnam+ (VietnamPlusJun 23, 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.
