# Exchange rate to ease in 2024

> Vietnamese experts expect the US dollar to weaken in 2024 as the US economy achieves a soft landing and the Federal Reserve begins cutting rates, possibly as early as March. They say this would ease inflation pressure on Vietnam and stabilise the dong.

- Date: 2024-01-10 · published 2024-01-10T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/32424-exchange-rate-to-ease-in-2024
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a weaker dollar and easing dong pressure would lower local import costs for feed ingredients priced in dollars, though the outlook depends on Fed timing.

## Read by commodity

- DXY: bearish ▼
- USDVND: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-12-28 | [2026: Will the exchange rate still face pressure?](https://feedsoft.ai/events/21835-2026-will-the-exchange-rate-still-face-pressure.md) | +0.1% | -1.7% |
| DXY | 2022-03-24 | [2022-2023 Exchange Rate Forecasts From Investment Bank Nordea - Update March](https://feedsoft.ai/events/42527-2022-2023-exchange-rate-forecasts-from-investment-bank-nordea-update-march.md) | -0.8% | +0.6% |
| DXY | 2025-05-10 | [With the US dollar weakening, why is the exchange rate in Vietnam still rising?](https://feedsoft.ai/events/24989-with-the-us-dollar-weakening-why-is-the-exchange-rate-in-vietnam-still-rising.md) | +0.5% | -1.3% |
| DXY | 2022-02-03 | [ECB opens door to 2022 rate hike in policy turnaround](https://feedsoft.ai/events/9870-ecb-opens-door-to-2022-rate-hike-in-policy-turnaround.md) | -0.3% | +0.7% |
| DXY | 2020-02-12 | [2020-2021 Exchange Rate Forecast: Pound Sterling And Dollar To Lose Ground This Year Say Commerzbank](https://feedsoft.ai/events/54834-2020-2021-exchange-rate-forecast-pound-sterling-and-dollar-to-lose-ground-this.md) | +0.4% | +1.6% |

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exchange-rate-to-ease-in-2024-post276713.vnp

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