# Greenback surge wrong-foots Vietnam exporters - VnExpress International

> Vietnamese exporters, including rubber producer Casumina, are facing pressure as the dollar gained over 4% against the dong this year. The US Dollar Index is near a 20-year high after the Federal Reserve raised rates by 0.75 percentage points for the third time.

- Date: 2022-09-23 · published 2022-09-23T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/39884-greenback-surge-wrong-foots-vietnam-exporters-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar raises input costs for Vietnamese manufacturers and dampens export demand, which can reduce import demand for feed and other agricultural inputs in the region.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-24 | [Vietnam Why foreign investors are dumping Vietnamese stock​​​​​​​ - VnExpress International](https://feedsoft.ai/events/54400-vietnam-why-foreign-investors-are-dumping-vietnamese-stock-vnexpress.md) | -2.3% | -2.4% |
| DXY | 2016-12-15 | [Vietnamese dong weakens as dollar surges following Fed rate increase - VnExpress International](https://feedsoft.ai/events/73740-vietnamese-dong-weakens-as-dollar-surges-following-fed-rate-increase-vnexpress.md) | +1.6% | +1.1% |
| DXY | 2023-06-30 | [Dollar surges to 15-week high against dong - VnExpress International](https://feedsoft.ai/events/35790-dollar-surges-to-15-week-high-against-dong-vnexpress-international.md) | -0.4% | -1.5% |
| DXY | 2026-03-30 | [Dollar gains over dong - VnExpress International](https://feedsoft.ai/events/20467-dollar-gains-over-dong-vnexpress-international.md) | -0.2% | -1.8% |
| DXY | 2026-09-17 | [Vietnam central bank's exchange rate reaches another peak - VnExpress International](https://feedsoft.ai/events/17760-vietnam-central-bank-s-exchange-rate-reaches-another-peak-vnexpress.md) | +1.0% | +2.2% |

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/economy/greenback-surge-wrong-foots-vietnam-exporters-4515066.html

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