# Reference exchange rate down 3 VND on December 1

> The State Bank of Vietnam set the daily reference exchange rate at 23,152 VND per USD on December 1, down 3 VND from the previous day. The trading band is set at plus or minus 3 percent around the reference rate.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/49958-reference-exchange-rate-down-3-vnd-on-december-1
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A routine 3 VND move in the reference rate has no meaningful effect on feed commodity supply, demand or prices.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-3-vnd-on-december-1-post191331.vnp

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