As the Vietnamese Dong weakens against the Dollar, this could benefit $NKE. Cheaper production costs in Vietnam mean stronger margins, giving Nike room to stay competitive and stimulate the market while maintaining profitability. 📉💸👟
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.