# Foreign exchange rate 2.3: The increase has not stopped, the black market USD is approaching 24,000 VND

> The State Bank's central rate was 23,151 VND per USD on March 2, and the black-market dollar traded near 23,900 to 23,950 VND. The article attributes the dollar's rise to investor confidence in a faster US economic recovery.

- Date: 2021-03-02 · published 2021-03-02T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/48415-foreign-exchange-rate-2-3-the-increase-has-not-stopped-the-black-market-usd-is
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A widening gap between the official and black-market rates signals currency stress, which raises the dong cost of imported feed ingredients.

## Read by commodity

- USDVND: bullish ▲

## Sources

- news.laodong.vn: https://news.laodong.vn/kinh-doanh/ti-gia-ngoai-te-23-da-tang-chua-dung-usd-cho-den-ap-sat-24000-dong-884986.ldo

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