# Dollar down to monthly lowest in Vietnam

> The dollar fell on Vietnam's unofficial market to below VND24,000, its lowest level in a month, with the free rate 2.8 percent below the mid-July peak. The official rate stayed near 23,500 and the State Bank has sold about $13 billion since the start of the year to stabilise the market.

- Date: 2022-08-10 · published 2022-08-10T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40348-dollar-down-to-monthly-lowest-in-vietnam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Easing dollar pressure lowers the local cost of dollar-priced imports for Vietnamese feed buyers, though the drop is confined to a domestic market and has little effect on world prices.

## Sources

- theinvestor.vn: https://theinvestor.vn/dollar-down-to-monthly-lowest-in-vietnam-d1392.html

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