# Vietnam dong seen weakening 1.5% vs. US dollar in 2024: broker

> KB Securities Vietnam forecasts the dong will devalue about 1.5% against the US dollar in 2024, to around VND24,600. It cites the interest rate gap between USD and VND loans, a rising US Dollar Index, and geopolitical tensions as the main risks.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31996-vietnam-dong-seen-weakening-1-5-vs-us-dollar-in-2024-broker
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A forecast of continued dong weakness keeps Vietnamese import costs for USD-priced feed inputs under upward pressure. The effect on world feed prices is small.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-12-31 | [Dollar gains 4.5% over dong in 2024](https://feedsoft.ai/events/27263-dollar-gains-4-5-over-dong-in-2024.md) | -0.2% | -0.4% |
| DXY | 2025-01-08 | [High US Dollar Index to put pressure on Vietnamese dong in 2025](https://feedsoft.ai/events/26837-high-us-dollar-index-to-put-pressure-on-vietnamese-dong-in-2025.md) | +0.6% | -0.5% |
| DXY | 2024-10-23 | [Dollar continues strengthening versus Vietnamese dong](https://feedsoft.ai/events/28168-dollar-continues-strengthening-versus-vietnamese-dong.md) | +0.4% | +2.0% |
| DXY | 2022-04-01 | [Marginal rise of US dollar against Vietnam dong](https://feedsoft.ai/events/42566-marginal-rise-of-us-dollar-against-vietnam-dong.md) | +1.0% | +4.2% |
| DXY | 2026-07-29 | [Vietnamese Dong Weakens as Dollar Holds Near One-Month High](https://feedsoft.ai/events/18661-vietnamese-dong-weakens-as-dollar-holds-near-one-month-high.md) | -0.9% | -2.0% |

## Sources

- theinvestor.vn: https://theinvestor.vn/vietnam-dong-seen-weakening-15-vs-us-dollar-in-2024-broker-d8738.html

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