# Dollar dips against dong on black market VnExpress News

> The US dollar fell against the Vietnamese dong on the black market on Friday, with unofficial exchange points selling dollars at VND23,530, down 0.08% from Thursday. The State Bank of Vietnam lowered its reference rate slightly to VND23,600, and the dollar has depreciated about 0.38% against the dong so far this year.

- Date: 2023-03-31 · published 2023-03-31T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/37173-dollar-dips-against-dong-on-black-market-vnexpress-news
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar against the dong reflects easing global rate expectations and reduces pressure on Vietnam's import costs for feed ingredients priced in dollars. The move is small, so the price effect on feed buyers is limited.

## Read by commodity

- DXY: bearish ▼
- USDVND: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-08 | [Dollar drops to one-week low against dong VnExpress News](https://feedsoft.ai/events/33028-dollar-drops-to-one-week-low-against-dong-vnexpress-news.md) | -0.9% | -1.1% |
| DXY | 2025-11-14 | [Dollar dips against dong - VnExpress International](https://feedsoft.ai/events/22243-dollar-dips-against-dong-vnexpress-international.md) | +0.8% | -0.5% |
| DXY | 2025-05-30 | [Dollar slips against dong - VnExpress International](https://feedsoft.ai/events/24983-dollar-slips-against-dong-vnexpress-international.md) | -0.5% | -1.6% |
| DXY | 2025-09-30 | [Dollar drops against dong - VnExpress International](https://feedsoft.ai/events/23191-dollar-drops-against-dong-vnexpress-international.md) | +0.1% | +0.4% |
| DXY | 2025-04-03 | [Dollar reaches new high against dong - VnExpress International](https://feedsoft.ai/events/25425-dollar-reaches-new-high-against-dong-vnexpress-international.md) | +0.2% | -3.0% |

## Sources

- vnexpressnews.net: https://vnexpressnews.net/dollar-dips-against-dong-on-black-market/

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