# The USD/VND rate may stay steady in 2H23

> A Vietnamese outlook says the USD/VND rate may stay within 2% of its start-of-2023 level in the second half of the year. The dollar index rose about 1.1% from a one-year low to 101.04, and the central bank raised its selling rate for the dollar.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35341-the-usd-vnd-rate-may-stay-steady-in-2h23
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The forecast of stable dong rates suggests little pressure on Vietnamese feed import costs, though a firmer dollar index could lift them slightly.

## Read by commodity

- DXY: neutral
- USDVND: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-02-24 | [US: State of the strong USD policy in jeopardy? - BBH — Octa](https://feedsoft.ai/events/72686-us-state-of-the-strong-usd-policy-in-jeopardy-bbh-octa.md) | +1.0% | -0.7% |
| DXY | 2024-07-10 | [Why the Fed cutting interest rates may weaken the U.S. dollar](https://feedsoft.ai/events/29459-why-the-fed-cutting-interest-rates-may-weaken-the-u-s-dollar.md) | -0.6% | +0.2% |
| DXY | 2020-08-27 | [​Stay Cautious Trading Despite Strong CNY & Steady USD-News-WikiFX](https://feedsoft.ai/events/51842-stay-cautious-trading-despite-strong-cny-and-steady-usd-news-wikifx.md) | -0.5% | +0.8% |
| DXY | 2026-04-29 | [Canadian dollar steadies as oil lifts BoC rate hike bets - The Globe and Mail](https://feedsoft.ai/events/19934-canadian-dollar-steadies-as-oil-lifts-boc-rate-hike-bets-the-globe-and-mail.md) | -0.1% | +0.3% |
| DXY | 2026-02-26 | [EUR/USD steady as ECB eyes inflation target, German CPI in focus](https://feedsoft.ai/events/20805-eur-usd-steady-as-ecb-eyes-inflation-target-german-cpi-in-focus.md) | +1.1% | +2.0% |

## Sources

- en.diendandoanhnghiep.vn: https://en.diendandoanhnghiep.vn/the-usdvnd-rate-may-stay-steady-in-2h23-n37825.html

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