# Dollar falls against dong - VnExpress International

> The US dollar fell against the Vietnamese dong on the black market on January 31 and held steady at Vietcombank and the State Bank reference rate. The dollar had also fallen for a fourth straight month in January against the euro and yen.

- Date: 2023-02-01 · published 2023-02-01T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/37638-dollar-falls-against-dong-vnexpress-international
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar lowers the dong cost of imported feed ingredients in Vietnam. The move is a routine currency movement with little effect on global commodity prices.

## Read by commodity

- DXY: bearish ▼

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/economy/dollar-falls-against-dong-4565542.html

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