# Businesses concerned about rising exchange rate pressure

> Vietnamese businesses report that bank dollar rates remain near 25,485 per dollar despite the central bank's intervention. Interbank selling prices have repeatedly hit new highs, moving toward 26,000.

- Date: 2024-05-01 · published 2024-05-01T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31063-businesses-concerned-about-rising-exchange-rate-pressure
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Persistent dollar strength keeps import costs high for Vietnamese firms, including feed ingredient buyers. Continued pressure supports the view that the dong will stay weak.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnamnet.vn: https://vietnamnet.vn/en/businesses-concerned-about-rising-exchange-rate-pressure-2273982.html

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