# Exchange rates remain within controlled range: ADB expert

> The Asian Development Bank's chief economist in Vietnam said recent exchange rate moves remain within the central bank's controlled range and do not require reserve intervention. He said the DXY had risen about 3% year-to-date to near 106 and that the dong's pressure mainly reflects the dollar itself.

- Date: 2024-04-17 · published 2024-04-17T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31065-exchange-rates-remain-within-controlled-range-adb-expert
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The view that the moves are normal and seasonal suggests limited additional pressure on Vietnamese feed import costs. The dollar's broad strength remains the main driver.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exchange-rates-remain-within-controlled-range-adb-expert-post285572.vnp

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