# Reference exchange rate down 21 VND on March 12

> The State Bank of Vietnam set the daily reference rate at 23,183 VND per USD on March 12, down 21 VND from the previous day. Commercial bank rates were broadly unchanged, and the weekly trend ended slightly stronger for the dong.

- Date: 2021-03-12 · published 2021-03-12T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/48413-reference-exchange-rate-down-21-vnd-on-march-12
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A small dong gain modestly eases the local-currency cost of USD-priced feed imports, though the move is too small to shift feed prices on its own.

## Read by commodity

- USDVND: bearish ▼

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-21-vnd-on-march-12-post197445.vnp

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