# Purchases put pressure on exchange rate | Vietstock

> The US Treasury plans to buy up to $200 million in foreign currency from commercial banks, its second such move within a month. It has held 10 tenders worth about $1.8 billion so far this year, and the USD/VND rate remains near historic highs.

- Date: 2025-06-23 · published 2025-06-23T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/24526-purchases-put-pressure-on-exchange-rate-vietstock
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Heavy dollar demand from state purchases and importers tightens supply and keeps the dong under pressure, which raises the cost of imported feed ingredients for Vietnam.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vietstock.vn: https://en.vietstock.vn/2025/06/purchases-put-pressure-on-exchange-rate-37-614395.htm

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