# Vietnam currency slides to all-time low against USD

> The Vietnamese dong fell to a record low against the US dollar, with the SBV's midpoint rate at 24,060 on September 19. Commercial banks followed by raising their quotes, and gold shops quoted similar levels.

- Date: 2023-09-19 · published 2023-09-19T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/34418-vietnam-currency-slides-to-all-time-low-against-usd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A record-low dong raises the cost of dollar-priced feed imports into Vietnam, which pressures local feed margins and prices.

## Read by commodity

- USDVND: bullish ▲

## Sources

- theinvestor.vn: https://theinvestor.vn/vietnam-currency-slides-to-all-time-low-against-usd-d6675.html

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