# How will exchange rate and interest rate be affected amid coronavirus outbreak? – VIETNAM STAR

> SSI Research expects 2020 financial markets to be less active than forecast, citing the US-China phase one deal and the US-Iran conflict and Covid-19 outbreak. The dong/dollar rate rose after Tet as the dollar strengthened in both bank and free markets, and the foreign currency supply may be tighter as trade and tourism decline.

- Date: 2020-02-19 · published 2020-02-19T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/54877-how-will-exchange-rate-and-interest-rate-be-affected-amid-coronavirus-outbreak
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dong and tighter dollar supply raise the cost of imported feed ingredients for Vietnamese buyers, while lower trade volumes weigh on demand for imported grains and meal.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnamstar.net: https://vietnamstar.net/how-will-exchange-rate-and-interest-rate-be-affected-amid-coronavirus-outbreak/

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