# VNDUSD: Vietnam Sets Dong Fixing at Record Low as Dollar Strength Grows - Bloomberg

> The State Bank of Vietnam set its currency fixing at 23,281 dong per dollar, the weakest since at least 2005 according to Bloomberg data. The dong had fallen to its lowest in more than two years in the prior session.

- Date: 2022-09-08 · published 2022-09-08T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/39882-vndusd-vietnam-sets-dong-fixing-at-record-low-as-dollar-strength-grows-bloomberg
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weakening dong increases Vietnam's import costs for feed ingredients priced in dollars, and reflects broader dollar strength that weighs on commodity purchasing power.

## Read by commodity

- USDVND: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-09-08/vietnam-sets-dong-fixing-at-record-low-as-dollar-strength-grows

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