# Dollar climbs to two-month high against dong - VnExpress International

> The US dollar rose against the Vietnamese dong to its highest level since November 5, with Vietcombank selling dollars at VND24,560. The move came as the dollar edged higher globally while investors reassessed the scale of Federal Reserve rate cuts expected this year.

- Date: 2024-01-04 · published 2024-01-04T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/32423-dollar-climbs-to-two-month-high-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

A firmer dollar against the dong raises the local-currency cost of imported feed ingredients for Vietnamese buyers, while a stronger greenback broadly tends to weigh on dollar-denominated grain prices.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-30 | [Dollar surges to 15-week high against dong - VnExpress International](https://feedsoft.ai/events/35790-dollar-surges-to-15-week-high-against-dong-vnexpress-international.md) | -0.4% | -1.5% |
| DXY | 2026-06-26 | [Dollar dips against dong - VnExpress International](https://feedsoft.ai/events/19124-dollar-dips-against-dong-vnexpress-international.md) | -0.3% | -0.3% |
| DXY | 2026-06-29 | [Dollar rises against dong - VnExpress International](https://feedsoft.ai/events/19123-dollar-rises-against-dong-vnexpress-international.md) | -0.0% | -0.1% |
| DXY | 2026-03-23 | [Dollar rises against dong - VnExpress International](https://feedsoft.ai/events/20471-dollar-rises-against-dong-vnexpress-international.md) | +0.5% | -1.8% |
| DXY | 2025-01-02 | [Dollar rises against dong - VnExpress International](https://feedsoft.ai/events/26841-dollar-rises-against-dong-vnexpress-international.md) | -0.2% | -0.9% |

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/markets/dollar-climbs-to-two-month-high-against-dong-4696885.html

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