# Fed's interest rate cuts ease pressure on Vietnam’s exchange rates

> Vietnamese experts say the Fed's 0.5 percentage point rate cut will narrow the interest rate gap between the dong and the dollar, easing pressure on the exchange rate. The policy roundtable held on October 24 also said lower rates could help Vietnamese exporters and reduce business borrowing costs.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/28169-fed-s-interest-rate-cuts-ease-pressure-on-vietnam-s-exchange-rates
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Easing currency pressure lowers the local cost of imported feed ingredients over time, though the effect on world commodity prices is minimal. The analysis is largely a domestic policy view.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnamnet.vn: https://vietnamnet.vn/en/fed-s-interest-rate-cuts-ease-pressure-on-vietnam-s-exchange-rates-2335509.html

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