# Dollar gains 4.5% over dong in 2024

> The US dollar gained 4.5% against the Vietnamese dong over 2024, closing the year higher. The State Bank of Vietnam sold around $9.4 billion in reserves during the year, and the dollar index rose 6.6% in 2024.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/27263-dollar-gains-4-5-over-dong-in-2024
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar strength and central bank intervention keep import costs for Vietnamese feed makers elevated, supporting firmer local feed prices.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-03-30 | [Dollar gains over dong - VnExpress International](https://feedsoft.ai/events/20467-dollar-gains-over-dong-vnexpress-international.md) | -0.2% | -1.8% |
| DXY | 2026-02-02 | [Dollar gains over dong on black market - VnExpress International](https://feedsoft.ai/events/20921-dollar-gains-over-dong-on-black-market-vnexpress-international.md) | +0.3% | +0.7% |
| DXY | 2024-02-26 | [Vietnam dong seen weakening 1.5% vs. US dollar in 2024: broker](https://feedsoft.ai/events/31996-vietnam-dong-seen-weakening-1-5-vs-us-dollar-in-2024-broker.md) | -0.0% | +0.1% |
| DXY | 2023-12-12 | [Dollar rises over dong - VnExpress International](https://feedsoft.ai/events/33022-dollar-rises-over-dong-vnexpress-international.md) | -0.8% | -1.0% |
| DXY | 2024-12-31 | [Strong dollar chokes rand in final stretch of 2024  \| News24](https://feedsoft.ai/events/27252-strong-dollar-chokes-rand-in-final-stretch-of-2024-news24.md) | -0.2% | -0.4% |

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/markets/dollar-gains-4-5-over-dong-in-2024-4834062.html

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