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The State Bank of Vietnam set its reference VND/USD rate at 22,396 on May 31, 2017, up 5 dong from the previous day. Within the +/-3% trading band, the ceiling is 23,067 and the floor is 21,725.
Major commercial banks made only slight adjustments to their buying and selling rates.
This is a small, routine central bank fixing move with no clear shift in pressure on the dong. For feed buyers importing into Vietnam, the impact on dollar-denominated feed costs is minimal.
en.vietnamplus.vnVietnam+ (VietnamPlusMay 31, 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.
