# Reference exchange rate up 14 VND at week’s beginning

> The State Bank of Vietnam set its daily reference rate at 23,758 VND per USD on July 31, up 14 dong from the previous working day. Commercial bank opening rates dipped slightly, and the trading band remained at plus or minus 5%.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35340-reference-exchange-rate-up-14-vnd-at-week-s-beginning
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Routine daily fixings of this size have negligible impact on feed import costs or grain prices.

## Read by commodity

- USDVND: neutral

## Sources

- asemconnectvietnam.gov.vn: https://asemconnectvietnam.gov.vn/default.aspx?ID1=2&ID8=130997&ZID1=8

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