# Exporters advised to minimise headwinds of currency volatility

> Vietnamese exporters are being advised to watch the dong's exchange rate against the dollar, euro and yen as these currencies have fluctuated sharply. The dong has depreciated about 2 percent against the dollar this year and is forecast to fall below 3 percent by year-end, according to VNDirect Securities.

- Date: 2022-08-22 · published 2022-08-22T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40346-exporters-advised-to-minimise-headwinds-of-currency-volatility
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Currency swings change the cost of imported materials and export revenue for Vietnamese firms, which can shift their sourcing and payment choices in feed-related trade.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exporters-advised-to-minimise-headwinds-of-currency-volatility-post236073.vnp

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