# Foreign exchange rates on April 29th: USD reverses course and falls slightly.

> The State Bank of Vietnam set the central dong rate at 24,960 per dollar on April 29, a small decline. The dollar index traded near 98.31, down 0.28 points, and the dollar posted its biggest monthly fall in about two and a half years against the yen and euro.

- Date: 2025-04-29 · published 2025-04-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/25423-foreign-exchange-rates-on-april-29th-usd-reverses-course-and-falls-slightly
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dollar against major currencies tends to support dollar-denominated grain and oilseed prices, while the dong's movement shifts local import costs for feed buyers.

## Read by commodity

- DXY: bearish ▼
- USDVND: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-30 | [Foreign exchange rates on May 30, 2025: USD reverses course and falls slightly.](https://feedsoft.ai/events/24987-foreign-exchange-rates-on-may-30-2025-usd-reverses-course-and-falls-slightly.md) | -0.5% | -1.6% |
| DXY | 2020-08-30 | [Pound To Dollar Rate Forecast: Could A Dovish BoE Weigh On GBP/USD Rates This Week? \| Exchange Rates UK](https://feedsoft.ai/events/51866-pound-to-dollar-rate-forecast-could-a-dovish-boe-weigh-on-gbp-usd-rates-this.md) | +0.1% | +1.4% |
| DXY | 2025-06-26 | [Is the era of a weak dollar coming... KRW-USD exchange rate falls to the 1,350 won range](https://feedsoft.ai/events/24449-is-the-era-of-a-weak-dollar-coming-krw-usd-exchange-rate-falls-to-the-1-350-won.md) | -0.9% | -0.6% |
| DXY | 2018-02-25 | [Dollar-Rate Breakdown Exposes Foreign-Exchange Mystery](https://feedsoft.ai/events/66695-dollar-rate-breakdown-exposes-foreign-exchange-mystery.md) | +0.6% | -0.3% |
| DXY | 2023-03-22 | [US banks’ collapse helps increase foreign exchange reserves: experts](https://feedsoft.ai/events/37177-us-banks-collapse-helps-increase-foreign-exchange-reserves-experts.md) | -1.0% | -1.5% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/ty-gia-ngoai-te-ngay-29-4-usd-quay-dau-giam-nhe

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