# Vietnam Central Bank Going Slow on Rate-Cut Calls Amid Risks

> The State Bank of Vietnam has slowed rate cuts despite government pressure, even after four cuts this year. The dong has lost 0.2% against the dollar in July as traders weigh further easing amid a hawkish US Federal Reserve.

- Date: 2023-07-17 · published 2023-07-17T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35342-vietnam-central-bank-going-slow-on-rate-cut-calls-amid-risks
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dong raises the cost of imported feed ingredients for Vietnamese buyers, since the country imports heavily, so the currency outlook matters more than the rate decision itself.

## Read by commodity

- USDVND: bullish ▲

## Sources

- yibn.com: https://yibn.com/vietnam-central-bank-going-slow-on-rate-cut-calls-amid-risks

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