
On the evening of 5 November, several Vietnamese banks cut their USD buying and selling rates by 150-200 dong from the morning, the sharpest one-month drop. The bank-channel rate fell to its lowest level in 21 months, with VietinBank buying near 25,255 dong.
A weaker dollar after the US midterm result lowers the cost of dollar-priced imports for Vietnam, mainly feed and fertiliser inputs. The move is a currency effect and does not change grain or oilseed supply.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.