# Dollar gains little against dong - VnExpress International

> The US dollar edged higher against the Vietnamese dong on February 5, 2024, with Vietcombank selling at VND24,550. The State Bank of Vietnam raised its reference rate by 0.04% to VND23,964, and the dollar index was near a three-month high at 104.38.

- Date: 2024-02-06 · published 2024-02-06T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31999-dollar-gains-little-against-dong-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Small daily moves in the dong against a firm dollar matter little for grain or oilseed prices, but they do affect the local cost of imported feed. The article is routine currency market commentary.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/markets/dollar-gains-little-against-dong-4709383.html

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