# Vietnam Securities firm expects Vietnam currency to remain strong in 2021 - VnExpress International

> VNDirect expects the Vietnamese dong to stay steady through 2020 and fluctuate only about 0.5% in 2021. Foreign reserves rose from $80 billion to $92 billion, and the US Treasury has placed Vietnam on a currency manipulation watch list.

- Date: 2020-11-17 · published 2020-11-17T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50443-vietnam-securities-firm-expects-vietnam-currency-to-remain-strong-in-2021
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stable dong has limited effect on feed ingredient costs for buyers; the outlook is macro background rather than a supply or demand driver.

## Read by commodity

- USDVND: neutral

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/economy/securities-firm-expects-vietnam-currency-to-remain-strong-in-2021-4192805.html

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