# Reference exchange rate up 15 VND on June 1

> The State Bank of Vietnam set its daily reference rate at 23,729 VND per USD on June 1, up 15 dong from the previous day. Commercial banks opened with slightly lower quoted rates under a trading band of plus or minus 5 percent.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35791-reference-exchange-rate-up-15-vnd-on-june-1
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Small daily moves in the dong have little direct effect on feed commodity prices. It is routine currency reporting with no new driver for grain or meal markets.

## Sources

- asemconnectvietnam.gov.vn: http://asemconnectvietnam.gov.vn/default.aspx?ID1=2&ID8=129516&ZID1=8

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