# Global exchange rate fluctuations impact local economy

> The US Federal Reserve raised rates by 0.75 percentage points to 2.25-2.5 percent in late July, and the US dollar has appreciated by about 11 percent since the start of the year. The State Bank of Vietnam put the dong's depreciation at about 2.3 percent against the dollar, with the USD/VND rate at 23,153 on August 12.

- Date: 2022-08-15 · published 2022-08-15T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40345-global-exchange-rate-fluctuations-impact-local-economy
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar raises import costs for Vietnamese importers of feed inputs while helping exporters, so the net effect on feed buyers depends on their trade exposure.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-13 | [Why US rates have a global impact](https://feedsoft.ai/events/64709-why-us-rates-have-a-global-impact.md) | +1.3% | +0.6% |
| DXY | 2022-09-30 | [Dollar shock threatens global economy \| Reuters](https://feedsoft.ai/events/39756-dollar-shock-threatens-global-economy-reuters.md) | -0.2% | -0.3% |
| DXY | 2019-05-27 | [USD appreciation hurting the global economy? - NBF - Forex Crunch](https://feedsoft.ai/events/59250-usd-appreciation-hurting-the-global-economy-nbf-forex-crunch.md) | +0.3% | -1.2% |
| DXY | 2026-02-06 | [DXY surges: Pressure on domestic exchange rates and impact on export markets.](https://feedsoft.ai/events/20922-dxy-surges-pressure-on-domestic-exchange-rates-and-impact-on-export-markets.md) | -0.8% | +0.8% |
| DXY | 2024-12-23 | [Fed’s foreseen rate cuts affect foreign exchange rate](https://feedsoft.ai/events/27264-fed-s-foreseen-rate-cuts-affect-foreign-exchange-rate.md) | +0.7% | +0.3% |

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/global-exchange-rate-fluctuations-impact-vietnamese-economy-post239687.vnp

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