# Exchange rate remains 2024 theme

> Vietnam's exchange rate rose nearly 5% early in 2024 and is hovering around the State Bank's intervention level of VND25,450 per dollar. Analysts expect further pressure around August-September and December, with exporters holding dollars while awaiting higher rates.

- Date: 2024-07-09 · published 2024-07-09T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/29595-exchange-rate-remains-2024-theme
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Currency volatility raises input costs for Vietnamese producers and importers of feed raw materials. Global feed prices are only marginally affected.

## Sources

- vir.com.vn: https://vir.com.vn/exchange-rate-remains-2024-theme-112502.html

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