# State Treasury’s high dollar demand might increase exchange rate

> The State Treasury has offered to buy a total of US$500 million from commercial banks over the past three weeks. Bank selling prices have risen about 400 dong per dollar since before the Lunar New Year, to around 25,700.

- Date: 2025-02-28 · published 2025-02-28T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/26386-state-treasury-s-high-dollar-demand-might-increase-exchange-rate
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Sustained state dollar buying adds demand for dollars in a market where supply is limited, which pushes the dong weaker. That raises the local cost of imported feed inputs.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnamnews.vn: https://vietnamnews.vn/Economy/1692992/state-treasurys-high-dollar-demand-might-increase-exchange-rate.html

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