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Three-month deposit rates at many Vietnamese banks are around 4.75%, with online deposits often paying more than branch deposits. The VND/USD rate at Vietcombank continued to decline even as the US dollar rose internationally.
A weaker domestic USD/VND rate can ease the cost of dollar-priced imports, including feed ingredients, while a stronger global dollar may raise their cost in other markets.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.