# Decline globally, slight increase domestically.

> Vietnam's General Statistics Office reported that the US dollar index fell 2.02% month-on-month to 102.94 by December 25, 2023. Domestically, the average USD/VND free-market rate was around 24,426 and rose about 1.86% on average across 2023.

- Date: 2023-12-30 · published 2023-12-30T12:00:00.000Z
- Category: report · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/33023-decline-globally-slight-increase-domestically
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Dollar weakness globally with a firm local rate signals mixed import cost pressure for Vietnamese feed buyers, with little direct effect on grain prices.

## Read by commodity

- DXY: bearish ▼
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-12 | [Dollar slumps as U.S. inflation surge comes in line with expectations](https://feedsoft.ai/events/43389-dollar-slumps-as-u-s-inflation-surge-comes-in-line-with-expectations.md) | -0.2% | -0.0% |
| DXY | 2022-10-04 | [Euro US Dollar Soars as Eurozone PPI Data Surprises Investors This is](https://feedsoft.ai/events/9333-euro-us-dollar-soars-as-eurozone-ppi-data-surprises-investors-this-is.md) | +0.5% | +0.2% |
| DXY | 2025-01-15 | [Dollar ends session weaker as inflation eases; yen firms on BOJ talk](https://feedsoft.ai/events/12676-dollar-ends-session-weaker-as-inflation-eases-yen-firms-on-boj-talk.md) | -0.8% | -0.8% |
| DXY | 2025-01-15 | [US Dollar: Soft PPI Adds to Pullback, CPI Report Up Next \| Investing.com](https://feedsoft.ai/events/26739-us-dollar-soft-ppi-adds-to-pullback-cpi-report-up-next-investing-com.md) | -0.8% | -0.8% |
| DXY | 2021-07-30 | [Oil Futures Slip Ahead of Expiries After Thursday's Rally](https://feedsoft.ai/events/45973-oil-futures-slip-ahead-of-expiries-after-thursday-s-rally.md) | +0.3% | +1.2% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/giam-sau-tren-the-gioi-tang-nhe-trong-nuoc

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