# Reference exchange rate continues upward trend

> The State Bank of Vietnam set the daily reference rate at 23,178 VND per USD on May 6, up 2 dong from the previous day. Commercial bank quotes at major lenders were unchanged, and the trading band remained at plus or minus 3 percent.

- Date: 2021-05-06 · published 2021-05-06T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/47390-reference-exchange-rate-continues-upward-trend
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A small daily move in the dong has little direct effect on feed grain or protein prices. It is routine currency commentary.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-continues-upward-trend-post201066.vnp

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