# Vietnam central bank ready to sell U.S. dlrs to keep exchange rate stable By Reuters

> Vietnam's central bank governor said the State Bank is ready to sell US dollars to keep the exchange rate stable, citing volatility after Fed rate cuts. She also said the bank will prioritise stability and inflation control while supporting growth through preferential loans.

- Date: 2024-11-11 · published 2024-11-11T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/27694-vietnam-central-bank-ready-to-sell-u-s-dlrs-to-keep-exchange-rate-stable-by
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Dong intervention signals Vietnam's currency pressure, which affects the cost of imported feed inputs and the buying power of Vietnamese feed manufacturers.

## Read by commodity

- USDVND: neutral

## Sources

- investing.com: https://www.investing.com/news/economy-news/vietnam-central-bank-ready-to-sell-us-dlrs-to-keep-exchange-rate-stable-3713484

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