# USD Declines: Signs of Foreign Capital Returning to Vietnamese Stocks? | Báo Sài Gòn Đầu Tư Tài Chính

> The US dollar index fell nearly 3.5% from its early October peak to its lowest level since late August. Many Vietnamese banks offered USD below 24,000 VND, while foreign investors remained net sellers of Vietnamese stocks in November.

- Date: 2023-12-17 · published 2023-12-17T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/33027-usd-declines-signs-of-foreign-capital-returning-to-vietnamese-stocks-bao-sai
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dollar eases pressure on Asian currencies, which lowers local import costs for feed buyers and can support dollar-denominated commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDVND: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-21 | [Fed’s rate cut a double-edged sword for Vietnam: VinaCapital](https://feedsoft.ai/events/28632-fed-s-rate-cut-a-double-edged-sword-for-vietnam-vinacapital.md) | -0.2% | +2.5% |
| DXY | 2026-01-27 | [Dollar sinks to four-year low, Trump brushes off the decline \| Reuters](https://feedsoft.ai/events/10159-dollar-sinks-to-four-year-low-trump-brushes-off-the-decline-reuters.md) | +0.3% | -0.1% |
| DXY | 2018-11-29 | [Fed retunes message for 2019, opening door to 'slow down'](https://feedsoft.ai/events/62246-fed-retunes-message-for-2019-opening-door-to-slow-down.md) | -0.4% | -1.0% |
| DXY | 2020-07-08 | [Chinese yuan climbs to four-month high, breaking 7 per US dollar - Global Times](https://feedsoft.ai/events/9738-chinese-yuan-climbs-to-four-month-high-breaking-7-per-us-dollar-global-times.md) | -0.2% | -1.5% |
| DXY | 2020-03-19 | [Fed opens dollar swap lines for 9 additional foreign central banks](https://feedsoft.ai/events/54305-fed-opens-dollar-swap-lines-for-9-additional-foreign-central-banks.md) | +0.5% | -0.9% |

## Sources

- dttc.sggp.org.vn: https://dttc.sggp.org.vn/usd-declines-signs-of-foreign-capital-returning-to-vietnamese-stocks-post110395.html

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