# Exchange rate forecast to remain stable in second half of 2023

> Experts forecast the USD/VND exchange rate will remain stable in the second half of 2023 after a period of volatility. The dong has traded in a range of 23,240 to 23,630 per dollar so far this year, and Vietnam's foreign reserves have been rebuilt.

- Date: 2023-06-26 · published 2023-06-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35793-exchange-rate-forecast-to-remain-stable-in-second-half-of-2023
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stable dong keeps Vietnamese feed importers' costs predictable for ingredients bought in dollars. This means no strong pressure on feed prices from currency moves.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exchange-rate-forecast-to-remain-stable-in-second-half-of-2023-post255264.vnp

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