# The State Bank of Vietnam widens the exchange rate band.

> The State Bank of Vietnam raised its central rate by 10 dong to a record 24,643 on February 20, its third straight increase that week. It also removed the rigid interbank ceiling and set the bank trading ceiling at 25,875 per dollar.

- Date: 2025-02-20 · published 2025-02-20T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/26387-the-state-bank-of-vietnam-widens-the-exchange-rate-band
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Wider trading bands let the dong move more freely against the dollar, which increases exchange-rate volatility for Vietnamese importers of feed commodities. The change points to a weaker dong over time.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnam.vn: https://www.vietnam.vn/en/ngan-hang-nha-nuoc-noi-rong-bien-do-ty-gia

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