# Reference exchange rate continues going down on January 16

> The State Bank of Vietnam set the daily reference rate for the dollar at 24,333 VND on January 16, down 5 VND from the previous day. Commercial bank rates also slipped slightly from January 14. The trading band is plus or minus 5%.

- Date: 2025-01-16 · published 2025-01-16T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/26838-reference-exchange-rate-continues-going-down-on-january-16
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Minor reference rate moves have limited effect on feed costs. The slight easing reflects a stable dong rather than a new pressure on import prices.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-continues-going-down-on-january-16-post308361.vnp

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