# Greenback cools, pressure on VND/USD exchange rate eases :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> The State Bank of Vietnam's official dollar rate eased slightly in early May after reaching a record VND23,272 in late April. Commercial bank buying and selling prices also dipped, while the dollar weakened internationally.

- Date: 2020-05-08 · published 2020-05-08T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/53428-greenback-cools-pressure-on-vnd-usd-exchange-rate-eases-content-tap-oan-hoa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves in Vietnam are small and largely reflect a softer global dollar, with little direct effect on feed commodity prices.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-12-28 | [2026: Will the exchange rate still face pressure?](https://feedsoft.ai/events/21835-2026-will-the-exchange-rate-still-face-pressure.md) | +0.1% | -1.7% |
| DXY | 2017-01-30 | [Euro Exchange Rates Trade Higher Vs Pound, Dollar After Navarro Comments Dent USD](https://feedsoft.ai/events/73192-euro-exchange-rates-trade-higher-vs-pound-dollar-after-navarro-comments-dent-usd.md) | -1.2% | -1.2% |
| DXY | 2019-01-31 | [Thai Baht surges past THB31.25/USD as weaker greenback continues to pressure Thai currency (Current Issue No.2962)
 - KASIKORN RESEARCH CENTER](https://feedsoft.ai/events/61344-thai-baht-surges-past-thb31-25-usd-as-weaker-greenback-continues-to-pressure.md) | +0.1% | +0.4% |
| DXY | 2019-10-31 | [US Dollar Under "Significant Pressure" As Fed Make A Hawkish Cut And Tipped To Remain On Hold For The Remainder Of 2019 \| Exchange Rates UK](https://feedsoft.ai/events/56776-us-dollar-under-and-quot-significant-pressure-and-quot-as-fed-make-a-hawkish.md) | -0.1% | +0.8% |
| DXY | 2025-04-29 | [Foreign exchange rates on April 29th: USD reverses course and falls slightly.](https://feedsoft.ai/events/25423-foreign-exchange-rates-on-april-29th-usd-reverses-course-and-falls-slightly.md) | -0.4% | -0.9% |

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/content/market-and-product-vnc/greenback-cools-pressure-on-vnd-usd-exchange-rate-eases.html

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