# Vietnamese dong forecast to strengthen against US dollar in 2021 - Vietnam News - ASEAN NOW

> Fitch Solutions cut its 2021 average USD/VND forecast to VND22,900 from VND23,000 and its 2022 forecast to VND22,800 from VND23,200. It expects the central bank to tolerate a stronger dong to curb imported inflation from high commodity prices.

- Date: 2021-10-11 · published 2021-10-11T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/44871-vietnamese-dong-forecast-to-strengthen-against-us-dollar-in-2021-vietnam-news
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stronger dong lowers the local cost of imported feed grains and meal, but the forecast change is small and the effect on global prices is minimal.

## Read by commodity

- USDVND: bearish ▼

## Sources

- aseannow.com: https://aseannow.com/topic/1234941-vietnamese-dong%C2%A0forecast-to-strengthen-against-us-dollar-in-2021/

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