# USD reaches high price, currencies depreciate to record low

> The Vietnamese official exchange rate has risen for five consecutive sessions, and the trading ceiling reached VND24,000 per dollar. Black market rates have also climbed as the US dollar holds near a two-decade high ahead of expected Federal Reserve hikes.

- Date: 2022-09-26 · published 2022-09-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/39883-usd-reaches-high-price-currencies-depreciate-to-record-low
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar strength and dong weakness raise the cost of imported feed ingredients for Vietnamese buyers and tighten financing conditions across emerging markets.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +0.9% | +1.1% |
| DXY | 2019-10-31 | [USD/CAD: Pair Surges To 2 Week High On Dovish BoC - Currency Live](https://feedsoft.ai/events/56793-usd-cad-pair-surges-to-2-week-high-on-dovish-boc-currency-live.md) | -0.1% | +0.8% |
| DXY | 2018-05-24 | [The underlying causes of the latest EM currency depreciation](https://feedsoft.ai/events/65267-the-underlying-causes-of-the-latest-em-currency-depreciation.md) | +0.3% | +1.7% |
| DXY | 2024-04-16 | [Resurgent Dollar, Higher Yields Send EM Currencies to 2024 Lows - Bloomberg](https://feedsoft.ai/events/11278-resurgent-dollar-higher-yields-send-em-currencies-to-2024-lows-bloomberg.md) | +0.5% | -0.3% |
| DXY | 2023-09-26 | [Thai baht leads Asian currencies lower, pressured by dollar - Markets - Business Recorder](https://feedsoft.ai/events/34379-thai-baht-leads-asian-currencies-lower-pressured-by-dollar-markets-business.md) | +0.8% | +1.3% |

## Sources

- vietnamnet.vn: https://vietnamnet.vn/en/usd-reaches-high-price-currencies-depreciate-to-record-low-2063352.html

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