# Could exchange rate pressures decrease?

> The USD/VND exchange rate has hit record highs in early 2024, with bank selling prices around 24,900-24,960 dong and free-market rates near a 4% rise. Vietnamese businesses with dollar debts and import costs, such as Vietnam Airlines and PVN, face higher expenses, and experts expect cooling later in the year if the Federal Reserve cuts rates.

- Date: 2024-03-26 · published 2024-03-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31509-could-exchange-rate-pressures-decrease
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dong raises the cost of imported feed inputs for Vietnamese buyers, while the expected dollar cooling would ease pressure; this is a currency story with limited direct effect on grain or meal prices.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/could-exchange-rate-pressures-decrease-post284559.vnp

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