# Free-market USD tumbles as gap with official rates shrinks

> On April 1 the US dollar fell sharply on Vietnam's informal market, down about VND530 to near VND27,500, while bank rates held near the VND26,360 ceiling. The State Bank of Vietnam raised its central rate by VND3 to VND25,105.

- Date: 2026-03-31 · published 2026-03-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/20468-free-market-usd-tumbles-as-gap-with-official-rates-shrinks
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A narrowing gap between official and free-market rates signals reduced pressure on the dong, easing import costs for Vietnamese feed buyers. The effect on global feed prices is minimal.

## Read by commodity

- USDVND: bearish ▼

## Sources

- bizhub.vietnamnews.vn: https://bizhub.vietnamnews.vn/free-market-usd-tumbles-as-gap-with-official-rates-shrinks-post401220.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.