# Dollar inches down against dong - VnExpress International

> The US dollar dipped slightly against the Vietnamese dong on July 31, with Vietcombank selling at VND23,855 and the State Bank of Vietnam reference rate unchanged at VND23,758. The yen fell after the Bank of Japan loosened its yield curve control policy, though it was still on track for a monthly gain.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35338-dollar-inches-down-against-dong-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Small moves in the dong and yen change the local-currency cost of imported feed ingredients for Vietnamese buyers, but the moves here are minor and unlikely to shift feed prices.

## Read by commodity

- USDJPY: neutral
- USDVND: neutral

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/markets/dollar-inches-down-against-dong-4636021.html

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