# USDVND to reach 25,000 by year-end as Dong is set to weaken further – ANZ — Octa

> ANZ Bank forecasts USD/VND reaching 25,000 by year-end, with the dong already down roughly 8.2% year to date. ANZ expects broad dollar strength and a weaker export outlook to keep pressure on the currency. It also suggests the dong looks overvalued against Asian peers.

- Date: 2022-11-09 · published 2022-11-09T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/38980-usdvnd-to-reach-25-000-by-year-end-as-dong-is-set-to-weaken-further-anz-octa
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A forecast of further dong weakness points to higher dollar-based import costs for Vietnamese feed and fuel buyers over the coming months.

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/1006945/

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