# No change in sight to Vietnam’s handling of forex rate regime: official

> Vietnam's central bank official said it has enough room to manage the USD/VND rate and has no plan to change its forex regime. The State Bank has issued treasury bills to absorb excess liquidity and has sold foreign currency since April 19.

- Date: 2024-05-25 · published 2024-05-25T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/30578-no-change-in-sight-to-vietnam-s-handling-of-forex-rate-regime-official
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Confirmation that the regime is unchanged reduces uncertainty for importers of feed ingredients priced in dollars, though the dong remains under pressure.

## Read by commodity

- USDVND: neutral

## Sources

- theinvestor.vn: https://theinvestor.vn/no-change-in-sight-to-vietnams-handling-of-forex-rate-regime-official-d10274.html

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