# US dollar forecast to continue strengthening against dong

> Experts forecast the US dollar could strengthen against the Vietnamese dong to around VND25,400 by the end of October, after the State Bank of Vietnam resumed treasury bill offerings. The dollar has risen about 2.75% against the dong since the start of the month, with domestic dollar demand increasing.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/28167-us-dollar-forecast-to-continue-strengthening-against-dong
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dong makes imported feed inputs and grains more expensive for Vietnamese buyers, a modest cost pressure on local feed producers. The effect on global grain prices is limited.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-12-27 | [USD to AUD Forecast: Why The US Dollar Is Strengthening Against The Australian Dollar](https://feedsoft.ai/events/38485-usd-to-aud-forecast-why-the-us-dollar-is-strengthening-against-the-australian.md) | +0.1% | -2.5% |
| DXY | 2024-10-23 | [Dollar continues strengthening versus Vietnamese dong](https://feedsoft.ai/events/28168-dollar-continues-strengthening-versus-vietnamese-dong.md) | +0.4% | +2.0% |
| DXY | 2018-09-13 | [Expect US dollar to continue rising against ringgit, say economists \| FMT](https://feedsoft.ai/events/63307-expect-us-dollar-to-continue-rising-against-ringgit-say-economists-fmt.md) | -0.5% | +0.2% |
| DXY | 2025-02-01 | [Why rupee breached 86 against US dollar: strengthening dollar, weak FII inflows](https://feedsoft.ai/events/26786-why-rupee-breached-86-against-us-dollar-strengthening-dollar-weak-fii-inflows.md) | -0.0% | -0.6% |
| DXY | 2022-07-29 | [The strengthening of the U.S. dollar against the Latin American currencies - Latinoamérica 21](https://feedsoft.ai/events/40785-the-strengthening-of-the-u-s-dollar-against-the-latin-american-currencies.md) | -0.2% | +0.8% |

## Sources

- english.vov.vn: https://english.vov.vn/en/economy/us-dollar-forecast-to-continue-strengthening-against-dong-post1130794.vov

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