# Vietnam's exchange rate unchanged following Fed's interest rate hike - VnExpress International

> The Vietnamese dong held flat in the week after the Federal Reserve's 50-basis-point hike, while most emerging-market currencies fell against the dollar. SSI Securities attributed the stability to a steady supply of US dollars from Vietnam's trade surplus and foreign direct investment. The free-market rate did rise by VND90.

- Date: 2022-05-11 · published 2022-05-11T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/41703-vietnam-s-exchange-rate-unchanged-following-fed-s-interest-rate-hike-vnexpress
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Dong stability keeps Vietnamese buyers' costs for imported feed inputs predictable despite a firmer US dollar. The pattern shows that dollar strength is not transmitting through to this import-dependent market as it does elsewhere.

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/economy/vietnams-exchange-rate-unchanged-following-feds-interest-rate-hike-4461652.html

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