# Global uncertainty sees dollar climb in Vietnam

> The State Bank of Vietnam set its reference dollar rate at VND23,201, up VND3 on the day, with the trading band at plus or minus 3%. The unofficial market quoted VND24,310 per dollar, and the central bank has sold $12-13 billion this year to ease pressure from the stronger greenback.

- Date: 2022-07-14 · published 2022-07-14T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40773-global-uncertainty-sees-dollar-climb-in-vietnam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Dollar strength against the dong raises the cost of dollar-priced feed imports for Vietnamese buyers, and central bank intervention signals the pressure is being managed.

## Read by commodity

- USDVND: bullish ▲

## Sources

- theinvestor.vn: https://theinvestor.vn/global-uncertainty-sees-dollar-climb-in-vietnam-d1112.html

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