# Vietnam Central bank buys $1.3 bln in foreign currencies - VnExpress International

> The State Bank of Vietnam bought about VND30 trillion ($1.29 billion) in foreign currency from commercial banks between November 9 and 13. The purchase followed record export growth and a 10-month trade surplus of $20 billion.

- Date: 2020-11-19 · published 2020-11-19T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50444-vietnam-central-bank-buys-1-3-bln-in-foreign-currencies-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Central bank FX buying reflects strong export receipts and supports dong stability, which is a macro signal with little direct effect on feed commodity prices.

## Read by commodity

- USDVND: neutral

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/economy/central-bank-buys-1-3-bln-in-foreign-currencies-4193866.html

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