# Stability of Vietnamese dong under pressure of global headwinds

> Global central banks are raising rates aggressively to fight inflation, with the Fed delivering a 75 basis point hike in July for a cumulative 150 basis points in June and July. The European Central Bank raised rates for the first time in 11 years, and emerging-market central banks have added 4,415 basis points year to date.

- Date: 2022-08-02 · published 2022-08-02T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/40349-stability-of-vietnamese-dong-under-pressure-of-global-headwinds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tighter global monetary policy strengthens the dollar and raises financing costs, which tends to pressure emerging-market currencies and commodity prices and adds cost pressure to imported feed.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-08 | [High US Dollar Index to put pressure on Vietnamese dong in 2025](https://feedsoft.ai/events/26837-high-us-dollar-index-to-put-pressure-on-vietnamese-dong-in-2025.md) | +0.6% | -0.5% |
| DXY | 2017-03-31 | [AUD/USD: under pressure on strong dollar, awaiting Chinese data — Octa](https://feedsoft.ai/events/72248-aud-usd-under-pressure-on-strong-dollar-awaiting-chinese-data-octa.md) | +0.4% | +0.4% |
| DXY | 2022-04-25 | [Fed’s hawkish stance keeps commodity markets under pressure](https://feedsoft.ai/events/41759-fed-s-hawkish-stance-keeps-commodity-markets-under-pressure.md) | +1.2% | +1.1% |
| DXY | 2026-09-30 | [Global bond selloff boosts dollar, pressures euro](https://feedsoft.ai/events/17693-global-bond-selloff-boosts-dollar-pressures-euro.md) | -0.1% | +0.7% |
| DXY | 2022-04-01 | [Marginal rise of US dollar against Vietnam dong](https://feedsoft.ai/events/42566-marginal-rise-of-us-dollar-against-vietnam-dong.md) | +1.0% | +4.2% |

## Sources

- bizhub.vietnamnews.vn: https://bizhub.vietnamnews.vn/stability-of-vietnamese-dong-under-pressure-of-global-headwinds-post336203.html

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