# USD/VND exchange rate seen peaking, expected to ease by year-end | SGGP English Edition

> Analysts from UOB say the USD/VND rate has likely peaked after the dong hit a record low of VND26,436 per USD in August. The dong is expected to cool down by year-end as Fed rate cuts and export and FDI momentum support it. The State Bank of Vietnam had sold about $1.5 billion of reserves via forwards in late August.

- Date: 2025-09-18 · published 2025-09-18T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/23196-usd-vnd-exchange-rate-seen-peaking-expected-to-ease-by-year-end-sggp-english
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

An expected easing of the dong would lower Vietnamese import costs for feed ingredients over the coming months. This is a currency outlook with little direct effect on global commodity prices.

## Sources

- en.sggp.org.vn: https://en.sggp.org.vn/usdvnd-exchange-rate-seen-peaking-expected-to-ease-by-year-end-post120347.html

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