
Several commercial banks in Vietnam continued to lower their US dollar rates, and the central rate was set at 25,630 VND/USD on November 4. Vietnam's central bank says it manages the exchange rate flexibly to absorb external shocks.
The article cites a VCBS report noting improved foreign-exchange market conditions since the third quarter.
A stable, slightly weaker dollar against the dong eases the cost of dollar-priced imported feed ingredients for Vietnamese buyers. The central bank's management limits the risk of sharp currency-driven price swings.
Not 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.