# Dollar falls against dong - VnExpress International

> The US dollar fell against the Vietnamese dong at banks and on the black market on Monday, with Vietcombank selling at VND23,620. The USD/VND rate had declined about 0.46% since the start of the year. The move followed weaker US jobs and services data that raised hopes the Federal Reserve would slow its rate hikes.

- Date: 2023-01-09 · published 2023-01-09T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/38079-dollar-falls-against-dong-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A softer dollar against regional currencies has little direct effect on feed grain prices. It is routine currency commentary with no new supply or demand driver for feed buyers.

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/economy/dollar-falls-against-dong-4557993.html

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