# SBV governor: Vietnamese monetary policy flexible, financial system stabilized

> State Bank of Vietnam Governor Nguyen Thi Hong said the dong depreciated only about 2.9% in 2023 and remained one of the region's more stable currencies. Inflation was held at 3.25%, below the National Assembly's 4.5% target, and the central bank outlined its 2024 priorities at a banking conference.

- Date: 2024-01-08 · published 2024-01-08T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/32429-sbv-governor-vietnamese-monetary-policy-flexible-financial-system-stabilized
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Official signals of a stable dong and controlled inflation point to limited near-term import cost pressure for Vietnamese feed buyers.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/sbv-governor-vietnamese-monetary-policy-flexible-financial-system-stabilized-post276768.vnp

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