# Vietnamese dong to slide further 1% by year-end: Bank of America

> Bank of America forecasts the Vietnamese dong will weaken about 1% more by year-end, reaching 25,700 per dollar. The bank cites delayed Fed rate cuts, political instability and property-sector stress as drivers.

- Date: 2024-04-27 · published 2024-04-27T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31061-vietnamese-dong-to-slide-further-1-by-year-end-bank-of-america
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Continued dong weakness keeps dollar-denominated feed input costs elevated for Vietnamese buyers. The effect on global feed prices is limited because the move is modest.

## Read by commodity

- USDVND: bullish ▲

## Sources

- theinvestor.vn: https://theinvestor.vn/vietnamese-dong-to-slide-further-1-by-year-end-bank-of-america-d9793.html

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